Trading members of the Exchange are hereby informed that the under mentioned new securities of Teledata Technology Solutions Limited are listed and permitted for trading on the Exchange with effect from Wednesday, July 15, 2009.
Name of the Company : Teledata Technology Solutions Limited
Registered Office : “Teledata Tower”,1st Floor,
37/1 Velachery Tambaram Main Road Velachery, Chennai – 600 042
Tel. Nos: 044 4220 7000
Fax No.: 044 2243 4311
Web: www.tts-consulting.com
Email: info@teledatatechnology.in
Securities:14,58,34,540 Equity Shares of Rs.2/- each fully paid-up
Distinctive numbers:1 to 145834540
Scrip Code:533089
Group:B
Market Lot:1
Face Value & Paid up value:Rs.2/- each fully paid
Scrip ID on BOLT System:TTSL
Abbreviated name on BOLT System:TELE TECHNO
ISIN No. :INE391I01018
Name of the Company : Teledata Technology Solutions Limited
Registered Office : “Teledata Tower”,1st Floor,
37/1 Velachery Tambaram Main Road Velachery, Chennai – 600 042
Tel. Nos: 044 4220 7000
Fax No.: 044 2243 4311
Web: www.tts-consulting.com
Email: info@teledatatechnology.in
Securities:14,58,34,540 Equity Shares of Rs.2/- each fully paid-up
Distinctive numbers:1 to 145834540
Scrip Code:533089
Group:B
Market Lot:1
Face Value & Paid up value:Rs.2/- each fully paid
Scrip ID on BOLT System:TTSL
Abbreviated name on BOLT System:TELE TECHNO
ISIN No. :INE391I01018
2. The brief particulars of the Scheme of Arrangement are as mentioned below:
a) The Scheme of Arrangement of the Company was approved by the Hon'ble High Court of Madras vide its Order dated October 12, 2007.
b) Appointed Date: November 01, 2006.
c) Effective date: October 19, 2007.
d) Date of Allotment: December 04, 2007.
e) Pursuant to the scheme, the “Technology Solution Division” of Teledata Informatics Limited (TIL) was demerged into Teledata Technology Solutions Limited (TTSL) and in consideration thereof TTSL has issued and allotted 1 (one) equity share of Rs.2/- each fully paid up for every 2 (two) equity shares of Rs.10/- each held in TIL as on the Record Date.
f) The issued, subscribed and paid-up equity capital of the company post arrangement comes to Rs2916.69 lacs consisting of 14,58,34,540 equity shares of Rs.2/- each fully paid up.
3. As per Exchange Notice No.20071106-28 dated November 06, 2007, TIL has fixed Record date as November 23, 2007, for giving effect to the scheme of arrangement. Accordingly dealing in the securities of TIL was stopped w.e.f. November 16, 2007. The trading in equity shares of TIL post demerger re-commenced on January 17, 2008
4. The Information Memorandum containing all the information about the company can be viewed at http://www.bseindia.com/ipo/schema.asp or on the Company’s Website on www.tts-consulting.com
a) The Scheme of Arrangement of the Company was approved by the Hon'ble High Court of Madras vide its Order dated October 12, 2007.
b) Appointed Date: November 01, 2006.
c) Effective date: October 19, 2007.
d) Date of Allotment: December 04, 2007.
e) Pursuant to the scheme, the “Technology Solution Division” of Teledata Informatics Limited (TIL) was demerged into Teledata Technology Solutions Limited (TTSL) and in consideration thereof TTSL has issued and allotted 1 (one) equity share of Rs.2/- each fully paid up for every 2 (two) equity shares of Rs.10/- each held in TIL as on the Record Date.
f) The issued, subscribed and paid-up equity capital of the company post arrangement comes to Rs2916.69 lacs consisting of 14,58,34,540 equity shares of Rs.2/- each fully paid up.
3. As per Exchange Notice No.20071106-28 dated November 06, 2007, TIL has fixed Record date as November 23, 2007, for giving effect to the scheme of arrangement. Accordingly dealing in the securities of TIL was stopped w.e.f. November 16, 2007. The trading in equity shares of TIL post demerger re-commenced on January 17, 2008
4. The Information Memorandum containing all the information about the company can be viewed at http://www.bseindia.com/ipo/schema.asp or on the Company’s Website on www.tts-consulting.com
Cost of Acquisition of shares on demerger of Teledata marine Solutions Ltd and Teledata Technology Solutions Limited
In case of demerger, As per 49 (2) (c) of Income Tax Act 1961 Cost of acquisition of shares in the new company Cost of acquisition * Net book value of assets transferred / Networth of demerged company before demerger Net Book value of Assets Transferred to Teledata Marine Solutions Ltd- Rs.213.62 Crores Net Book value of Assets Transferred to Teledata Technology Solutions Limited- Rs.76.57 Crores Networth of demerged company (Teledata Informatics Ltd) - Rs.939.87 Crores
Example:
If you have acquired 1000 shares of Teledata Informatics Ltd at a cost of Rs.65/- per share
Cost of acquisition of 500 shares in Teledata Marine Solutions Ltd
65000*213.62cr /939.87cr = Rs.14781/-
Cost of acquisition of 500 shares in Teledata Technology Solutions Limited
65000*76.57cr / 939.87cr = Rs. 5298
Cost of acquisition of 1000 shares in Teledata Informatics Ltd would stand revised to
Rs.65000- Rs.14781- Rs.5298 = Rs.44921
.
Rs.65/- is taken as an example.
In case of demerger, As per 49 (2) (c) of Income Tax Act 1961 Cost of acquisition of shares in the new company Cost of acquisition * Net book value of assets transferred / Networth of demerged company before demerger Net Book value of Assets Transferred to Teledata Marine Solutions Ltd- Rs.213.62 Crores Net Book value of Assets Transferred to Teledata Technology Solutions Limited- Rs.76.57 Crores Networth of demerged company (Teledata Informatics Ltd) - Rs.939.87 Crores
Example:
If you have acquired 1000 shares of Teledata Informatics Ltd at a cost of Rs.65/- per share
Cost of acquisition of 500 shares in Teledata Marine Solutions Ltd
65000*213.62cr /939.87cr = Rs.14781/-
Cost of acquisition of 500 shares in Teledata Technology Solutions Limited
65000*76.57cr / 939.87cr = Rs. 5298
Cost of acquisition of 1000 shares in Teledata Informatics Ltd would stand revised to
Rs.65000- Rs.14781- Rs.5298 = Rs.44921
.
Rs.65/- is taken as an example.
Comments
Post a Comment