
Corporate Action7 Aug 2026, 12:33 pm
Ashutosh Paper Mills Board Approves Capital Reduction
AI Summary
Ashutosh Paper Mills Ltd announced the outcome of its Board Meeting held on August 7, 2026. The board took note of the certificate of registration for Reduction of Capital under Section 66 of the Companies Act, 2013, issued by the Registrar of Companies, ROC Delhi-I. The company fixed August 18, 2026, as the record date for determining equity shareholders entitled to the capital reduction. The board also authorized Skyline Financial Services Private Limited and Director Mr. Atul Kumar Agarwal to undertake necessary corporate actions with NSDL, CDSL, and BSE Limited for the implementation of the capital reduction.
Key Highlights
- Board meeting held on August 7, 2026.
- Noted certificate for Reduction of Capital.
- August 18, 2026, fixed as record date for capital reduction.
- Authorized agents for corporate actions related to capital reduction.
Price Impact
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