It is hereby informed that pursuant to the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015 read with Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons as framed by the Company, the trading window for dealing in securities of the Company will remain closed for all Designated Persons and their immediate relatives from Friday, July 1, 2022 till 48 hours after declaration of the un-audited financial results of the Company for the quarter ending June 30, 2022 by the Company to the Stock Exchange.
the Board of Directors of the Company has at its meeting held today, i.e. on Wednesday, May 25, 2022, inter-alia, considered and approved draft Scheme of Amalgamation pursuant to Sections 233 of the Companies Act, 2013 read with Rule 25 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, providing for the amalgamation of its two wholly owned subsidiaries, viz., ATL Textile Processors Limited and New Line Buildtech Private Limited with Prime Urban Development India Limited. The Scheme would be subject to the requisite statutory / regulatory approvals. The details as required under the SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is annexed herewith as 'Annexure C'.
the Board of Directors of the Company has at its meeting held today, i.e. on Wednesday, May 25, 2022, inter-alia, considered and approved re-appointment of M/s. L. U. Krishnan & Co., Chartered Accountants as statutory auditors for second term of five years commencing from the conclusion of 85th Annual general meeting till the conclusion of 90th Annual general meeting, subject to members approval in the ensuing annual general meeting. Disclosure requirements as per circular No. CIR/CFD/CMD/4/2015 w.r.t. change in auditor is annexed herewith as 'Annexure D'.
the Board of Directors of the Company has at its meeting held today, i.e. on Wednesday, May 25, 2022, inter-alia, considered and approved appointment of Mrs. Shailly Kedia (DIN: 09611376) as additional director (non-executive/independent) w.e.f. May 25, 2022 for a period of five years subject to members' approval in the ensuing annual general meeting. Disclosure requirements as per circular No. CIR/CFD/CMD/4/2015 w.r.t. change in directorship is annexed herewith as 'Annexure B'
the Board of Directors of the Company has at its meeting held today, i.e. on Wednesday, May 25, 2022, inter-alia, considered and approved Standalone and Consolidated audited Financial statements of the Company for the quarter and year ended March 31, 2022. Pursuant to Regulation 33(3)(d) of SEBI LODR, it is hereby declared that M/s. L.U. Krishnan & Co, Chartered Accountants (Registration No. 001527S), the Statutory Auditor of the Company has issued Audit Report with unmodified opinion in respect of the Audited Financial Results (Standalone and Consolidated) of the Company for the year ended March 31, 2022. A copy of the audited financial statements (Standalone and Consolidated) alongwith the Auditor's Report with unmodified opinion is attached herewith for your record as 'Annexure A'.
PRIME URBAN DEVELOPMENT INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2022 ,inter alia, to consider and approve Standalone and Consolidated Audited Financial statements of the Company for the quarter and year ended March 31, 2022.
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayPRIME URBAN DEVELOPMENT INDIA LTD. 2CINL70200TZ1936PLC000001 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 11.22 4Highest Credit Rating during the previous FY 0 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Darshi Shah Designation: Company Secretary and Compliance Officer EmailId: firstname.lastname@example.org Name of the Chief Financial Officer: S Udayananda Designation: GM Finance and CFO EmailId: email@example.com Date: 30/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR'), please be informed that the first term of 5 years of Mrs. Ryna Karani as independent director has expired on 13.04.2022 and she is not seeking re-appointment for second term. The Board of Directors places on record its appreciation for the guidance and support provided by Mrs. Ryna Karani during her association with the Company as an Independent Director.