General Announcement::Clarification on rumors regarding delisting of equity shares of the Company

Issuer & Securities

Issuer/ Manager
3I INFOTECH LIMITED
Securities
3IINFOTEUSD16.323M2.5%CB250331 - XS1423751418 - 66DB
3IINFOTECH US$2.435MCB170726 - XS0308551166 - 3JDB
3IINFOTECUS$125.356M5%CB170426 - XS0769181982 - 2CCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Aug-2021 20:44:38
Status
New
Announcement Sub Title
Clarification on rumors regarding delisting of equity shares of the Company
Announcement Reference
SG210827OTHRZ3EX
Submitted By (Co./ Ind. Name)
3i Infotech Limited
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
With reference to the abovementioned subject, we would like to clarify that the equity shares of 3i Infotech Limited, listed on BSE and NSE are not getting delisted.

As mentioned in our intimation dated August 10, 2021, the Board of Directors of the Company has fixed Tuesday, August 31, 2021 as the Record Date for the purpose of determining the shareholders whose shares will be reduced and consolidated pursuant to the Scheme of Arrangement between 3i Infotech Limited ('Company') and its shareholders ('Scheme') approved by Hon'ble National Company Law Tribunal, Mumbai Bench ( Scheme ). As part of procedure to give effect to the Scheme, the trading in shares will get suspended with effect from end of trading hours on 27 August 2021.

The Company would hereby like to clarify that this does not amount to Delisting of the shares of the Company. The trading in shares of the Company will resume after the completion of the necessary corporate actions by the Company and the listing approvals issued by the Indian stock exchanges.

The Company will give necessary intimations regarding these events as mandated by the SEBI LODR. Investors are requested to monitor the stock exchange website for authentic information and not rely on rumors.

Attachments

SGX.pdf
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