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Gopala Polyplast Ltd. - Announcement under Regulation 30 (LODR)-Conversion of Securities

| Updated on November 20, 2018 Published on November 20, 2018

The Board of Directors at its meeting held on 14th November, 2018 took on record that the Company has neither received request for conversion of Warrant nor has received the balance sum payable being Rs. 90,00,000/- in respect of 2,00,000 Warrants held by warrant holder viz. Trend Management Solution Private Limited and hence the consideration paid by that warrant holder at the time of issuance of warrants shall stand forfeited.

Therefore, as per SEBI (ICDR) Regulations, 2009, the consideration paid by Trend Management Solution Private Limited at the time of issuance of warrants shall stand forfeited.

This is in compliance with relevant regulation of SEBI-LODR.

Pdf Link: Gopala Polyplast Ltd. - Announcement under Regulation 30 (LODR)-Conversion of Securities

Source : BSE - www.bseindia.com

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Published on November 20, 2018
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