Key Quantitative Figures

  • Existing paid-up equity shares to be reduced to 109,353 shares for public shareholders
  • 1,709,353 new fully paid-up equity shares of ₹10 each to be issued to financial creditors
  • Solar Copyer Limited: 1,362,500 shares
  • Rutwik Sales Private Limited: 237,500 shares

Parties Involved

  • Starlite Components Limited (Scrip Code: 517548)
  • Financial Creditors:
  • Solar Copyer Limited
  • Rutwik Sales Private Limited
  • Regulatory Authorities: Hon'ble NCLT
  • Depositories: Central Depository Services (India) Limited, National Securities Depository Limited
  • Registrar & Transfer Agent: MUFG Intime India Private Limited

Capital Structure Impact

Significant change in capital structure through:

  • Reduction of existing equity share capital for public shareholders
  • Issuance of new equity shares to financial creditors resulting in change of ownership pattern