Asian Electronics: Transfer of Equity Shares of Asian Electronics Ltd

Parijatha Business Solutions Pvt Ltd has informed BSE that 20,00,000 equity shares of the face value of Rs. 5 each of Asian Electronics Ltd, has been credited to the demat account of the Company (Parijatha Business Solution Private Limited (PBSPL), a company incorporated in India under the Companies Act, 1956 (no 1 of 1956), acting in its capacity as Receiver of Honble Debt Recovery Tribunal-Il, Mumbai (DRT) on March 10, 2014 pursuant to order dated February 11, 2014 passed by DRT. These shares are held by PBSPL on behalf of DRT and would be dealt with by PBSPL as per the directions of DRT. These shares constitute 5.0464% of the paid up equity capital of Asian Electronics Ltd.