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S&P
BSE SENSEX
73,730.16
-609.28
-0.82 %
Corporate Announcement
Security Code
532960
Company
Dhani Services Ltd
Exchange Received Time
28/05/2020 21:13:12
Exchange Disseminated Time
28/05/2020 21:13:32
Time Taken
00:00:20
Announcement under Regulation 30 (LODR)-Change in RTA |
5/28/2020 9:13:26 PM
Please be informed that, in line with the steps initiated by the Company Management to reduce annual operating costs of Indiabulls Ventures Limited, M/s Skyline Financial Services Private Limited, a SEBI registered Category - 1 Registrar and Transfer Agent (SEBI Registration number - INR000003241), has been appointed as Registrar and Transfer Agent of the Company in place of M/s KFIN Technologies Private Limited (formerly known as Karvy Fintech Private Limited), w.e.f. May 28, 2020, for the reason KFIN is not being able to render RTA services at reduced cost. This change will reduce total Registrar's fee and related expenses substantially by more than 50%. The senior management of the Company has already taken voluntary salary cuts of over 50% to lead the efforts on expense control.
Brief profile of the new Registrar and Transfer Agent M/s Skyline Financial Services Private Limited is attached with this intimation as an Annexure.
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