Company Profile

Reply of the Company on an email received from BSE Limited (BSE) dated 05.04.2024 under the subject "Increase in Volume".

Notice No. 20240315-18 Notice Date 15 Mar 2024Category Company related Segment EquitySubject Listing of Equity Shares of Shipping Corporation of India Land and Assets LimitedAttachments Annexure I.pdf ;ContentTrading Members of the Exchange are hereby informed that effective from Tuesday, March 19, 2024, the equity shares of Shipping Corporation of India Land and Assets Limited shall be listed and admitted to dealings on the Exchange in the list of T Group of Securities. Further in terms of SEBI circular No. CIR/MRD/DP/02/2012 dated January 20, 2012. The Scrip will be in Trade-for-Trade segment for 10 trading days. Members are requested to note that the above security will be a part of special pre-open session for IPO and Other category of scrip’s as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.For further information on SPOS, the trading members are requested to refer to the Exchange’s notice no. 20120216-29 on Enabling Special Pre-open Session for IPO’s & Relisted Scrips. For any clarification on SPOS, the trading members may please contact the Helpdesk on 022-6136 3100 / 6136 3171.Name of the CompanyShipping Corporation of India Land and Assets LimitedRegistered Office Shipping House, 245, Madame Cama Road Nariman Point Mumbai - 400021 IndiaTelephone: 022 – 2277 2220;E-mail ID: cs@scilal.com;Website: www.scilal.comCompany Secretary & Compliance OfficerShri. Mohammad FirozTelephone: 022 – 2277 2220;E-mail ID: cs@scilal.com;Securities46,57,99,010 Equity shares of Rs. 10/- each allotted pursuant to Scheme of ArrangementDistinctive numbers10001 to 465809010Scrip Code544142GroupTMarket Lot1Face Value & Paid up valueRs. 10/- each fully paidScrip ID on BOLT SystemSCILALAbbreviated name on BOLTSCILALISIN No. INE0PB301013Lock-inQuantityDist. Nos.Lock in uptoNA1. The brief particulars of the Scheme of Arrangement are as mentioned below:a) The Scheme of Arrangement filed by the Company was approved by Ministry of Corporate Affairs vide its Order dated 22.02.2023.b) Appointed Date: 01.04.2021c) Effective date: 14.03.2023d) Date of Allotment: 06.04.2023e) Pursuant to the Demerger of Non-Core Assets Undertaking from Shipping Corporation of India Limited (SCI) to Shipping Corporation of India Land and Assets Limited (SCILAL) pursuant to the Scheme of Arrangement for demerger between Shipping Corporation of India Limited (Demerged Company) and Shipping Corporation of India Land and Assets Limited (Resulting Company) and their respective shareholders and creditors under section 230-232 and other applicable provisions of the Companies Act, 2013, sanctioned by Ministry of Corporate Affairs; whereby upon coming into effect of the scheme and in consideration of; For the transfer and vesting of the Non-Core Assets (Demerged Undertaking) of Shipping Corporation of India Limited, Shipping Corporation of India Land and Assets Limited issued and allotted Equity Shares to the shareholders of Shipping Corporation of India Limited in the following proportion:“1 (One) Fully Paid-up Equity Share of Rs.10/- each of Shipping Corporation of India Land and Assets Limited were issued and allotted for every 1 (One) Fully Paid-Up Equity Share of Rs.10/- each held in Shipping Corporation of India Limited.”Prior to the Scheme, the paid-up Equity Capital of Shipping Corporation of India Land and Assets Limited was Rs. 1,00,000/- consisting of 10,000 equity shares of Face Value of Rs.10/- each and the same shall stand cancelled upon the scheme coming effect.The issued, subscribed and paid-up equity capital of Shipping Corporation of India Land and Assets Limited, post Arrangement is Rs. 4,65,79,90,100/- consisting of 46,57,99,010 equity shares of face Value of Rs. 10/- each fully paid.2. As per Exchange Notice No. 20230328-73 dated 28.03.2023, Shipping Corporation of India Ltd had fixed Record date as 31.03.2023 for giving effect to the Scheme of Arrangement. The Information Memorandum containing all the information about the company can be viewed at https://www.bseindia.com/corporates/soa.aspx4. The name and address of the registrar and share transfer agent of the company is as mentioned below:Bigshare Services Private LimitedOffice No. S6-2, 6th Floor, Pinnacle BusinessPark, Next to Ahura Centre, Mahakali Caves Road,Andheri East, Mumbai – 400093;Ph. No : 022-62638200;E-mail ID: prasadm@bigshareonline.com;Website: www.bigshareonline.com 5. The shareholding pattern of the company post Scheme of Arrangement is enclosed as Annexure-I