
Corporate Action6 Oct 2026, 07:30 pm
Baron Infotech withdraws Record Date due to NCLAT status quo order
AI Summary
Baron Infotech Ltd has announced the withdrawal of its previously fixed Record Date of October 6, 2026. This decision follows an oral order from the Hon'ble National Company Law Appellate Tribunal (NCLAT), Chennai Bench, on October 1, 2026, directing the maintenance of status quo. The company had initially set the Record Date on September 23, 2026. The withdrawal is effective immediately and will remain in place until further notice from the NCLAT. A revised Record Date will be communicated to the stock exchange once the necessary directions are received and regulatory formalities are completed.
Key Highlights
- Record Date of October 6, 2026, has been withdrawn.
- NCLAT Chennai ordered maintenance of status quo on October 1, 2026.
- Revised Record Date will be announced after NCLAT's further orders.
- The company is awaiting NCLAT's directions for future actions.
Price Impact
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