Company Profile
Universal Prime Aluminium Limited, a Public Limited Companies incorporated under the Companies Act, 1956 with certificate of Registration No.(CIN) L28129MH1971PLC015207 issued by the Registrar of Companies, Maharashtra, Mumbai. It was promoted by Prakash Kumar Mohta in 1974, a first generation entrepreneur. P K Mohta is also the current chairman of the company. The Company does not have significant operations. Previously, it was engaged in the manufacture and sale of tubes and tin containers. The company was formerly known as Universal Cans and Containers Limited. The Registered Office of the Company is situated at Century Bhavan, 771 Dr Annie Besant Rd Worli, Mumbai – 400 030, the Equity Shares of the Company are listed on Bombay Stock Exchange having the following details:
Script ID: UNIVPRIM
Scrip Code No: 504673
ISIN: INE621D01019
Payment intimation pursuant to Scheme of Reduction of Equity Share Capital approved by Hon’ble National Company Law Tribunal, Mumbai Bench
National Company Law Tribunal, Mumbai vide its Order in C.P. 119/MB/2022 dated 23.04.2024 had approved the Scheme of Reduction of Share Capital which inter-alia provides payment to the existing shareholders at a consideration of Rs. 4.82 per equity share and to extinguish such equity shares without further act or deed. The record date for the same was fixed 24th May, 2024.
The payment to the shareholders whose bank details are registered with the R&T Agent or with DP/ Company is completed by crediting the amount in their bank account directly on 26/06/2024.The shareholders who are holding the shares in physical form, the payment is made on 26/06/2024 through Demand Draft issued through ICICI Bank.
In accordance with the provisions of the Income Tax Act, 1961, no TDS has been deducted on redemption of these equity shares.
In view of the above, the shares / share certificates of the company are extinguished and are no more valid for any purpose either in Market or Off-Market.
All future communications in this regard may please be addressed to the company’s Registrar & Share Transfer Agents at the following address :-
Maheshwari Datamatics Private Limited
Unit: Universal Prime Aluminium Limited
23, R.N. Mukherjee Road, 5th Floor
Kolkata – 700001
Email: mdpldc@yahoo.com