Mitsu Chem Plast informs about outcome of committee meet

Mitsu Chem Plast Ltd. | Plastic Products | Chemicals & Fertilizers | BSE: 540078 | NSE:

15 Jun 2024 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, Mitsu Chem Plast has informed that a meeting of Rights Issue and allotment Committee of Board of Directors the Company held on Saturday, 15th June, 2024 discussed and approved the following: 1. In relation to the partly paid-up equity shares on which the First and Final Call Money remains unpaid, the Committee approved sending of a Reminder cum Forfeiture Notice for payment of First and Final Call Money to the holders of such Partly Paid-up Equity Shares. Further details in this regard will be included in the Reminder Notice that will be sent to the holders of Partly Paid-Up Shares, on which the First and Final Call Money remains unpaid. 2. The Committee Members also decided to waive off the interest of 10% p.a. as mentioned in the First and Final Call Money Notice, for non-payment of call money by the shareholders with respect to monies payable on Calls. The meeting of the Committee commenced at 11:00 am IST and concluded at 11:30 am.

The above information is a part of company’s filings submitted to BSE.