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The National Stock Exchange permits the recommencement of trading in equity shares of Melstar Information Technologies Limited effective November 4, 2026. This follows a capital reduction and share allotment under a Resolution Plan approved by the National Company Law Tribunal. The securities trade in the BE-Trade for Trade segment. The company must comply with applicable Minimum Public Shareholding requirements as public shareholding is currently below 25 percent. The security is part of the pre-open session.
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| Download Ref No: NSE/CML/77250 | Date: November 02, 2026 |
|---|---|
| Circular Ref. No: 1984/2026 |
To All Members,
Sub: Recommencement of trading in Equity shares of Melstar Information Technologies Limited post capital reduction pursuant to Resolution Plan approved by Hon’ble National Company Law Tribunal vide order dated November 1, 2023, June 25, 2024 and August 9, 2024
In pursuance of Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the list of securities further admitted to dealings on the National Stock Exchange (Capital Market segment) with effect from November 04, 2026 along with the designated security codes thereof shall be as specified in Annexure.
In pursuance of Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the respective lot sizes in respect of securities above shall be as specified in Annexure.
Members are requested to note that the above security will be part of pre-open session as per SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.
This circular shall be effective from November 04, 2026.
For and on behalf of
National Stock Exchange of India Limited
Aarti Parmar
Manager
| Symbol | MELSTAR |
|---|---|
| Name | Melstar Information Technologies Limited |
| Series | BE-Trade for Trade * |
| Security Description | Equity Shares of Rs. 10/- each post capital reduction pursuant to Resolution Plan approved by Hon’ble National Company Law Tribunal, vide order dated November 1, 2023, June 25, 2024, and August 9, 2024 |
| ISIN | INE817A01050 |
| Face Value | Rs. 10/- |
| Paid-up Value | Rs. 10/- |
| No. of securities | 27,93,661** |
1,51,661 equity shares of Rs.10/- each allotted post capital reduction pursuant to Resolution Plan
26,42,000 equity shares of Rs.10/- each allotted to successful resolution applicant on preferential basis pursuant to Resolution Plan | | Distinctive number range | 1 to 27,93,661** | | Market lot | 1 | | Pari Passu | Yes | | Remarks | *Currently the securities shall be available for trading in Series ‘BE'. Also, the Trading in the scrip continue to remain in Trade-for-Trade segment pursuant to Exchange notice no NSE/SURV/55582 dated February 10, 2023 | | Lock in details | As Per Annexure II |
* Currently equity shares allotted in dematerialized mode have been credited under the temporary ISIN (IN8*********) in accordance with the SEBI circular no. CIR/MRD/DP/21/2012 dated August 02, 2012 and CIR/MRD/DP/24/2012 dated September 11, 2012 regarding activation of ISIN in case of additional issue of shares / securities.
**Note: 26,42,000 Equity shares of Rs. 10/- each allotted on preferential basis bearing distinctive numbers from 151662 to 2793661.
| Address of Registered Office of the Company: Melstar Information Technologies Limited 1302, 13th floor, “Raheja Centre”, The Free Press Journal Marg, Nariman Point, Mumbai – 400 021 Contact Person: Ms. Bhawna Rajawat Phone +91 9321030069 Email Id: cs@melstarrtech.com Website: www.melstarrtech.com
| Financial year: April 2026-March 2027 |
|---|
| Name and Address of Registrar and Share Transfer Agents: |
| Bigshare Services Private Limited |
| 1st Floor, Bharat Tin Works Building, |
| Opp. Vasant Oasis, Makwana Road, |
| Marol, Andheri (East), Mumbai - 400059 |
| Maharashtra |
| Phone: +91 70454 54393 |
| E-mail Id: aliya@bigshareonline.com |
| Website: www.bigshareoniline.com |
The brief details about the Resolution Plan approved by NCLT is as follows:
The Resolution Plan was approved vide Order dated November 1, 2023, June 25, 2024, and August 9, 2024, by the Hon’ble National Company Law Tribunal (“NCLT”), Mumbai Bench, under the provisions of the Insolvency and Bankruptcy Code, 2016, (“IBC”).
As per the Resolution Plan approved by Hon’ble NCLT:
a. 100% extinguishment of holding of the existing promoters & promoter group.
b. Public shareholders will hold 1,51,661 shares in the Company and upon issue of new shares to the Resolution Applicant, Resolution Applicant will hold 94.57% i.e. 26,42,000 Equity Shares in the Company.
Accordingly, the issues, subscribed and paid-up share capital of the Company has been changed from Rs. 14,28,31,390/- divided into 1,42,83,139 Equity Shares of the Face Value of Rs. 10/- each to Rs. 2,79,36,610/- divided into 27,93,661 Equity Shares of the Face Value of Rs. 10/- each.
c. Further 26,42,000 Equity shares of Rs. 10/- each allotted to successful Resolution Applicant (RA) on preferential basis pursuant to Resolution Plan.
| No. of Equity Shares Fully Paid-up | Distinctive Nos. | Lock in upto | |
|---|---|---|---|
| From | To | ||
| 1,51,661 | 1 | 151661 | Free |
| 25,21,261 | 151662 | 2672922 | 15-11-2027 |
| 1,20,739 | 2672923 | 2793661 | Free |
| 27,93,661 | Total | ||
| Scrip code | 532307 |
|---|---|
| NSE Symbol | MELSTAR |
| MSEI Symbol | NOLISTED |
| ISIN | INE817A01050 |
| Name of the company | Melstar Information Technologies Limited |
| Whether company is SME | No |
| Class of Security | Equity Shares |
| Type of report | Capital Restructuring |
| Quarter Ended / Half year ended/Date of Report (For Prelisting / Allotment) | 02-11-2026 |
| Date of allotment / extinguishment (in case Capital Restructuring selected) / Listing Date | 02-11-2026 |
| Shareholding pattern filed under | Regulation 31 (1) (c) |
| Whether the listed entity is Public Sector Undertaking (PSU)? | No |
| Sr. No. | Particular | Yes/No | Promoter and Promoter Group | Public shareholder | Non Promoter- Non Public |
|---|---|---|---|---|---|
| 1 | Whether the Listed Entity has issued any partly paid up shares? | No | No | No | No |
| 2 | Whether the Listed Entity has issued any Convertible Securities ? | No | No | No | No |
| 3 | Whether the Listed Entity has issued any Warrants ? | No | No | No | No |
| 4 | Whether Listed Entity has granted any ESOPs, which are outstanding? | No | No | No | No |
| 5 | Whether the Listed Entity has any shares against which depository receipts are issued? | No | No | No | No |
| 6 | Whether the Listed Entity has any shares in locked-in? | Yes | Yes | No | No |
| 7 | Whether any shares held by promoters are encumbered under "Pledged"? | No | No | ||
| 8 | Whether any shares held by promoters are encumbered under "Non-Disposal Undertaking"? | No | No | ||
| 9 | Whether any shares held by promoters are encumbered, other than by way of Pledge or NDU, if any? | No | No | ||
| 10 | Whether company has equity shares with differential voting rights? | No | No | No | No |
| 11 | Whether the listed entity has any significant beneficial owner? | No |
| Particular | Approved limits (%) | Limits utilized (%) |
|---|---|---|
| As on shareholding date | 0 | 0 |
| As on the end of previous 1st quarter | 0 | 0 |
| As on the end of previous 2nd quarter | 0 | 0 |
| As on the end of previous 3rd quarter | 0 | 0 |
| As on the end of previous 4th quarter | 0 | 0 |
| Category (I) | Category of shareholder (II) | Nos. Of shareholders (III) | No. of fully paid up equity shares held (IV) | No. Of Partly paid-up equity shares held (V) | No. Of shares underlying Depository Receipts (VI) | Total nos. shares held (VII) = (IV)+ (V)+ (VI) | Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2) | Number of Voting Rights held in each class of securities (IX) | No. Of Shares Underlying Outstanding convertible securities (XA) | No. of Shares Underlying Outstanding Warrants (XB) | No. Of Outstanding ESOP Granted (XC) | No. of Shares Underlying Outstanding convertible securities, No. of Warrants and ESOP etc. (X) = (XA+XB+XC) | Total No. of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.) (XI)= (VII+X) | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No of Voting (XIV) Rights | Total as a % of (A+B+C) | ||||||||||||||
| Class eg:X | Total | ||||||||||||||
| (A) | Promoter & Promoter Group | 1 | 2642000 | 2642000 | 94.57 | 2642000 | 2642000 | 94.57 | 2642000 | ||||||
| (B) | Public | 7608 | 151661 | 151661 | 5.43 | 151661 | 151661 | 5.43 | 151661 | ||||||
| (C) | Non Promoter- Non Public | ||||||||||||||
| (C1) | Shares underlying DRs | ||||||||||||||
| (C2) | Shares held by Employee Trusts | ||||||||||||||
| Total | 7609 | 2793661 | 2793661 | 100 | 2793661 | 2793661 | 100 | 2793661 | |||||||
