About Digvijay Finlease Unlisted Shares

(i) Digvijay Finlease Limited is a Non-govt company, incorporated on 05 Nov 2001. It's a public unlisted company and is classified as 'company limited by shares' having a registered office at 21 Strand Road Kolkata WB.

(ii) It is an NBFC( Non-Banking Financial Service) registered with RBI. However, their main source of revenue is:

a) Selling of long-term and short-term investments.

b) The second source of income is dividends from above short-term and long-term investments and interest of loans given to the companies.

c) Total Revenue of Digvijay Finlease

(iii) As of 31.03.2019, the company has total outstanding shares of 132,594,20 up by 28,15,528 shares as compared to the last year.

In FY18-19, the company had issued 28,15,528 new shares to the shareholders upon the following action on the verdict by NCLT on 11.10.2018, Kolkata Bench. "Amalgamation of Arham Securities Pvt. Ltd. (Transferor Company) with the Company as per the Scheme of Amalgamation sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench as reported in the last Annual Report and 23192 equity shares held by the transferor company in the Company have been canceled as per the sanctioned scheme" Under this scheme, the shareholders of Arham Securities got 4 shares of Digvijay Finlease on every 5 equity shares held by them.

Arham Securities Limited having total shares outstanding = 35,48,400. After amalgamation, Digvijay Finlease has issued 28,15,528 shares to shareholders of Arham Securities. The calculation follows below.

Total outstanding shares of Arham Securities = 35,48,400

Ratio of Meger= 4:5

Total Shares after the merger to be issued by Digvijay Finlease= (35,48,400/5)*4= 28,38,720.

After the merger, 23192 equity shares held by the transferor company in the Company have been canceled.

So total shares issued by Digvijay Finlease are: 28,38,720-23192 = 28,15,528.

List of Allottees