SW

SE{URITIES

mul* ) LIMITED

(formerly known as SELLAIDS PUBLICATIONS (lNDlA) LIMITED)

CIN No. : L67 190MH1 991 PLCO 64425

Regd.Off.: Kamer Bldg.,, 3tr,

5th Floor, Cawasji Patel Street,
Above Akbarally Furniture,. Fort,
Mumbai - 400 001,
Ph.No. . 022-2206 1606
E-mail ld: sellaidspublication@yahoo.

Annexure-I

20ft January,2017
Department of Corporate Services

usb,li-it"d

,,

':

PhirozeJeejeebhoy Towers,

Dalal

Str,.eet,

Fort, Mumbai

- 400001

Dear Sir/l\4a'rir,

':
,

Sub: Fixation of Record Date for Reduction of Capital

The Honorable tligh Court of Judicature at Bombay on 18ft November,20l6has passed in

order vide CSP no.450lof 2016 and received by the.Company in the matter of Reduction
of the Share Capital of the Company under Sections 100'to iO+ of the Companies Act,

!956.

to Rdgulation 42(2) of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations,20l5, this is to inform you that the Board of Directors in its
meeting held today, i.e.20th January, 2017 has fixed 3'd February, 2017, Friday as Record
Date for taking on record of Shareholders as on that date.
Pursuant

Thanking Yod,
:

Yours Faithfully,
For Stellant Securities (India) Limited
,

m,
Director
Mangala Rathod
02170is80

in

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SECUBITIES (UUNN) LIMITED

L|M|TED)

(formerly known as SELLAIDS PUBLICATIONS (tNDtA)

CIN No. : L67 190MHl 991 PLCO 64425

..9

Regd.Off.: Kamer Bldg., 31 ,

Sth Floor, Cawasji Patel Street,

Above Akbarally Furniture, Fort,

Mumbai - 400 001
.

Ph.No.

.022-2206 1606

E-mail ld: sellaidspublication@yahoo.in

Annexure-III

BRIEF SYNOPSIS'OF SCHEME. OF CAPITAL REDUCTION

1.

St'ellant Securities (India)LJmited(hereinafter referred

to as "Company"), is engaged in the

business'of manag'er, advisors, administrators, attorney, agents, consultants, for and to

purchase; acquire, hold, sell, buy, invest, trade, borrow, lend, guarantee, hypothecate,

:.

charge dnd deals in investment Instruments.

2.

The Board of Directors of the Company decided after considering the present business
model, the future revenues and other business factors., that mere infusion of further funds

into the company will not benefit any existing shareholder, even if the Company registers
profits in corning years, since no dividend can be paid out of profits, unless accumulated
losses are wiped out. Hence, after evaluating various alternatives, the Board at their
:.

meetin_.q

held,on 1!'h Octob6r, 2014 decided to reduce 807o of the paid up equity share

capittil ofthe Company, Hence accumulated looses are reduced to the extent of reduction
of,Capitql i.e.'Rs. 2,96,19,2101- out of Rs. 3,A4,71,117/; replesenting to
position which

will benefit both the Company, Institutions in

particular as their holding

3.

will yield better result

and

true financial

general and share holders in

value.

According to the scheme of capital reduction, the Paid-up Equity share capital of the
Company 37,024,070/- (Three Crore Seventy Lakh Twenty Four thousand and ten only)

divided into 3,7A2,401 (Thirty Seven Lakh Two thousand Four Hundred and Ohe only)
Equity share of Rs. l0/- (Rupees Ten only) shall be reduce
share capital

by

80% of the paidup equity

of the company by cancelling / extinguishing Rs.8/- (Rupees Eight only)

per Equity Share i.e the paid up capital of the company be reduced from Rs.37,024;010

'::

(Three. Crore,Seventy Lakh Twenty, Four thousand and ten only) divided into 3,!702,401

(Thiriy Seven Lakh Two thousand Four Hundred and One only) Equity share of Rs; l0/:

to Rs. 74,04,800/-(Rupees Seventy Four Lakh Four Thousand Eight

Hundrgd only) divjded into 37,02,401 Equity shares of Rs. 2/- each and thereafter
(Rupees Terr only)

consolidating each 5 equity shares ofRs. 2/- each into one equity shares ofRs.l0/- each

SW

SESURITIES ( INNIA. ) LUUIT-ED

PUB_LlctllgNl
LlMlrED)

(former:ly known as SELLALDS

JlNolol

CIN No.: L67190MH1 991 PLC0 64425

Regd.Off.: Kamer BldE., 31

5th Floor, Cawasji Patel Street,
Above Akbarally Furniture; Fort,
Mumbai - 400 OOf
,

Ph.No.

.022-2206 1606

E-mail

ld :

sellaidspublication@yahoo.

to make'up 7,40,480 equity shares of Rs. I}l-each, whereby 4l5th of share capital is
e

Sf. no

ft

xungursneo
ti
h
oul oI Tolal
tal Da10
id u caoltal
it I oI
of tne
the uomDanv.
Co
Pa rticulars
Pre Reduction

Post Reduction

Restricting of capital by
reduction & splitting of par
value of eirch share
Authorized Share capital
a) No. of Shares

1.

b)
'2

'

Consolidation

50,00,000 Equity Shares of Rs.

l0l-

Amount

lssued

After Reduction and

each

Rs.50,000,000

of

& Subscribed Capital

a) No. of Shares

38,77,601 Equity Shares of Rs.

l0l-

each

b)Additional Shares to be issued Nil

77 ,55,20 Equity Shares

Rs,l 0l- each

of

Nil

c)Total Issues & Subscribed

Capital .
Pard up Oaprtal

Rs.

a) . No. of Shares

37,0n,,401 Equity Shares of Rs.

rcl- each

8,776,0101-

Rs. 7,7 55,2001-

a
J.

50,00,000 Equity Shares

Rs. l0/- each
Rs.50,000,000

b) Additional Shares fo be issued Nil

c)

Total Issues & Subscribed

Capital

4, lf a Sh'are holder
.

'

i,

7,40,480 Equity Shares'of Rs.

1O/each

Nil
Rs. 7,404,800i-

Rs. 3 7,024,0101-

holds 100 Equity. Shares of Rs. l0/- each aggregating to Rs. 1000/- shall

receive (after reduction) 20 Equity Share

ofRs. l0/-

each aggregating

to Rs. 200/-. The

restructuring ofcapital shall not cause any shareholder to hold any fractional shares in the

Company.
l

In: respect of the fractional entitlements, if a\y, caused by

the

' reconstruction/restructuring of capital, the same shall be rounded off to one share and the
same would be allotted to the shareholdgrs, Sirnultaneously the increase
shareq due to rounding

in the number of

off will be forgone by the promoters of the Company, thus keeping

the paid up capital intact at Rs 74, 04,800/- (Rupees Swenty Four Lacs Four thousand

Eight Hundred Only).

For Stg,llanfSecurities (India) Limited

#"{y

Mangala Rathod

02170580

in