Weizmann Forex Ltd. - Corporate Action-Updates on Buy back

| Updated on November 06, 2018 Published on November 06, 2018

Sub: 1. Extinguishment of equity shares in connection with the Buyback of 4,36,467 equity shares of Rs 10/- each ("Equity Share") of Weizmann Forex Limited ("Company")
2. Reconciliation of the share capital of the Company.

In compliance with Regulation 12 and 19(4) of SEBI (Buyback of Securities) Regulations 1998 (Buyback Regulations"), this is to inform you that the Company has extinguished 4,33,828 fully paid up equity shares of Re. 10/- each (in dematerialized form) and 2,639 fully paid up equity shares of Re. 10/- each (in physical form) as a result of the conclusion of buyback of 4,36,467 equity shares.

We also enclose a copy of the letter dated 3rd November, 2018 from Central Depository Services (India) Limited confirming the extinguishment of shares and a copy of the certificate dated 6th November, 2018 relating to extinguishment of 4,36,467 equity shares in accordance with the provisions of Regulation 12(4) of the Buyback Regulations.
In view of the above, please note the following:

Reconciliation of Share Capital of the Company (Pre and Post Extinguishment)
No. Particulars No. of Equity Share of face value Re.10/- each Amount (Rs.)
1 Pre-extinguishment, Issued and Paid-Up Capital 1,15,64,357 11,56,43,570
2 Less: Shares bought-back
a) Electronic Form 4,33,828 43,38,280
b) Physical Form 2,639 26,390
3 Post Extinguishment, Issued and Paid-Up Capital 1,11,27,890 11,12,78,900

Further, we would like to confirm that the above extinguishment has been done as per the provisions of Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998.

The number of Equity Shares bought back and the post-Buyback shareholding pattern were disclosed in the Post Buyback Public Announcement dated 30th October, 2018 which was published and submitted for your records on 30th October, 2018. The same has been reproduced in the Annexure A for ease of reference.

Pdf Link: Weizmann Forex Ltd. - Corporate Action-Updates on Buy back

Source : BSE - www.bseindia.com

Published on November 06, 2018
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