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SVC Resources

BSE: 512449|ISIN: INE254H01044|SECTOR: Mining & Minerals
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SVC Resources is not listed on NSE
Mar 14
Notes to Accounts Year End : Mar '15
1. Rights, preferences and restrictions attached to shares:
 
 Ordinary shares of Rs. 1 each:
 
 (a) In respect of every Ordinary share (whether fully paid or partly
 paid), voting right shall be in same proportion as the capital paid
 upon such Ordinary share bears to the total paid up ordinary capital of
 the Company.
 
 (b) The dividend proposed by the Board of Directors is subject to the
 approval of the shareholders in the ensuing Annual General Meeting,
 except in case of interim dividend.
 
 (c) In the event of liquidation, the shareholders of Ordinary Shares
 are eligible to receive the remaining assets of the Company after
 distribution of all preferential amounts, in proportion to their
 shareholdings.
 
 2. Information regarding issue of shares in the last five years:
 
 (a) The Company has not issued any shares without payment being
 received in cash.
 
 (b) The Company has not issued any bonus shares.
 
 (c) The Company has not undetaken any buy-back of shares.
 
 (d) The Company Law Board, Delhi has, by its order dated June 4, 2015,
 declared illegal and cancelled allotment of following shares of the
 company; 10,844,426 alloted on May 8, 2013 and 29,700,000 alloted on
 August 5, 2013.
 
 3. Other Notes
 
 (a) Previous year figures have been regrouped/reclassified wherever
 necessary to correspond with the current year
 classifications/disclosure.
 
 (b) Current year figures are shown in bold prints.
Source : Dion Global Solutions Limited
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