StockWatch
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Paper & Paper Products
Corporate Action24 Sept 2026, 10:01 pm

Ashutosh Paper Mills: BSE Listing Approval for Share Capital Reduction

AI Summary

Ashutosh Paper Mills Ltd has received listing approval from BSE Limited for 32,62,700 equity shares of Rs. 10 each. This approval is a result of the company's scheme of reduction of share capital, undertaken in accordance with Section 66 of the Companies Act, 2013. The shares will be listed and traded on BSE upon fulfillment of certain conditions, including obtaining listing approval from NSE (if applicable), confirmation of share credit from depositories, and settlement of any outstanding dues or fines.

Key Highlights

  • BSE grants listing approval for 32,62,700 equity shares.
  • Approval follows Ashutosh Paper Mills' share capital reduction scheme.
  • Shares to be listed post-compliance with BSE's conditions.
  • Conditions include NSE listing, depository confirmation, and dues clearance.