Description
BSE circular detailing shareholder holdings and DNR ranges for forfeiture proceedings under case no. 252167 for Nakoda Group of Industries Limited.
Summary
BSE has published details of shareholders subject to forfeiture proceedings for Nakoda Group of Industries Limited (Scrip Code: 541418) under case no. 252167. The circular provides comprehensive DNR (Distinct Number Range) details for shareholders whose equity shares are being forfeited.
Key Points
- Company: Nakoda Group of Industries Limited (ISIN: IN9236Y01010)
- BSE Scrip Code: 541418
- Case Number: 252167
- Security Type: Equity shares with face value Rs. 2.50
- Multiple shareholder holdings listed with DNR ranges from 17679797 to 17719803
- Holdings range from as low as 1 share to as high as 2500 shares per entry
Regulatory Changes
No regulatory framework changes. This circular implements existing forfeiture procedures under securities law.
Compliance Requirements
- Affected shareholders identified in the DNR ranges must take note of the forfeiture proceedings
- Company must comply with forfeiture procedures as per SEBI regulations and Companies Act
- BSE Listing Operations Department oversight of the forfeiture process
Important Dates
- Circular Date: December 23, 2025
- Further action dates to be communicated as per case no. 252167 proceedings
Impact Assessment
Shareholder Impact: High - Direct impact on shareholders within specified DNR ranges who face potential loss of equity holdings.
Company Impact: Significant impact on Nakoda Group of Industries Limited’s shareholder register and capital structure following forfeiture completion.
Market Impact: Limited broader market impact but material for the specific scrip and affected shareholders who must respond to forfeiture notices.
Impact Justification
Share forfeiture proceedings directly impact existing shareholders and company's equity structure, requiring immediate attention from affected parties.