Digvijay Finlease Unlisted Shares

BUY
1520
SELL
1795

1795

Company Overview

Digvijay Finlease Unlisted Shares

(i) Digvijay Finlease Limited is a Non-govt company, incorporated on 05 Nov 2001. It's a public unlisted company and is classified as 'company limited by shares' having a registered office at 21 Strand Road Kolkata WB.

(ii)  It is an NBFC( Non-Banking Financial Service) registered with RBI. However, their main source of revenue is:

a) Selling of long-term and short-term investments.

b) The second source of income is dividends from above short-term and long-term investments and interest of loans given to the companies.

c) Total Revenue of Digvijay Finlease

Particulars(Lakhs) 2022 2021 2020 2019 2018 2017
Income from FD 578 91 8 17 24 23
Income from loans 0 1 77 442 302 28
Selling Investment 5 120 45 62 627 7744
Dividend Income 4723 426 6753 2635 2054 5038

(iii) As of 31.03.2019, the company has total outstanding shares of 132,594,20  up by 28,15,528 shares as compared to the last year.

In FY18-19, the company had issued 28,15,528 new shares to the shareholders upon the following action on the verdict by NCLT on 11.10.2018, Kolkata Bench. "Amalgamation of Arham Securities Pvt. Ltd. (Transferor Company) with the Company as per the Scheme of Amalgamation sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench as reported in the last Annual Report and 23192 equity shares held by the transferor company in the Company have been canceled as per the sanctioned scheme" Under this scheme, the shareholders of Arham Securities got 4 shares of Digvijay Finlease on every 5 equity shares held by them.

Arham Securities Limited having total shares outstanding = 35,48,400. After amalgamation, Digvijay Finlease has issued 28,15,528 shares to shareholders of Arham Securities. The calculation follows below.

Total outstanding shares of Arham Securities = 35,48,400

Ratio of Meger= 4:5

Total Shares after the merger to be issued by Digvijay Finlease= (35,48,400/5)*4= 28,38,720.

After the merger, 23192 equity shares held by the transferor company in the Company have been canceled.

So total shares issued by Digvijay Finlease are: 28,38,720-23192 = 28,15,528.

List of Allottees

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Symbol Digvijay Finlease Unlisted Shares
Face Value (₹): 0
ISIN: INE01US01017
Demat Status: NSDL & CDSL
Lot Size: 25 Shares