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NOTICES
Notice No.   20250124-47   Notice Date   24 Jan 2025
Category   Corporate Actions   Segment   Equity
Subject   Reduction of Equity Share Capital of BURNPUR CEMENT LIMITED (Scrip Code: 532931)
 
Content

Trading members of the Exchange are hereby informed that, BURNPUR CEMENT LIMITED has fixed Record Date for the purpose of Reduction of Share Capital of the Company as per the Scheme of Reduction  approved vide Order passed by the Hon’ble National Company Law Tribunal, Kolkata Special  Bench :-                         

COMPANY NAME & CODE

RECORD DATE

PURPOSE

 

No Dealings/ Suspension  w.e.f.

Date/Settlement No.

BURNPUR CEMENT LIMITED

 

(532931)

 

30/01/2025

 

As approved by Hon’ble National Company Law Tribunal, Kolkata Special Bench :-

Reduction of Share Capital of the Company:-

Upon the Scheme coming into effect, the issued and paid up share capital of the Company will be reduced by 80%, on proportionate basis.  Accordingly, the Paid-Up Value of each Equity Share of the Company will be reduced from Rs.10/- to Rs.2/- per Equity Share. Subsequently, every Five Equity Shares of Rs.2/- each will be consolidated into One Equity Share of Rs.10/- each fully paid up.  Reduction of Capital and Consolidation thereof will be executed simultaneously.

 

Accordingly, upon coming into effect of the Scheme of Reduction of Capital, the total Issued and Paid Up Equity Share Capital of the Company shall be reduced from Rs.86,12,43,630 divided into 8,61,24,363 Equity Shares of Rs.10/- each, fully paid up, TO  Rs.17,22,48,730 divided into 1,72,24,873 Equity Shares of Rs.10/- each, fully Paid Up.

30/01/2025

DR- 810/2024-2025

 

Trading Members of the Exchange are requested to take note of it.

 Marian Dsouza

Senior Manager –Listing Operations (CRD)

January 24, 2025

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