StockWatch
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Investment Company
Board Meeting14 Jan 2026, 06:51 pm

Blue Chip India Ltd Announces Extra-Ordinary General Meeting for Capital Reduction and Director Appointment

AI Summary

Blue Chip India Ltd has convened an Extra-Ordinary General Meeting (EGM) on 06 February 2026 at 03:00 P.M. (IST) to consider the reduction of capital by 99% and set off Rs. 10,95,02,592/- against the total accumulated Loss of Rs. 11,77,51,161.00. The reduction will result in the subscribed and fully paid-up share capital of the company reducing from Rs. 11,06,08,680/- to Rs. 11,06,088/-. The EGM will also consider the regularization/appointment of Mrs. Aakansha Vaid as an Independent (Non-Executive) Director for a term of 5 years.

Key Highlights

  • Blue Chip India Ltd announces EGM for capital reduction
  • Capital reduction by 99% proposed
  • Rs. 10,95,02,592 to be set off against accumulated Loss of Rs. 11,77,51,161.00
  • Subscribed and fully paid-up share capital to reduce from Rs. 11,06,08,680/- to Rs. 11,06,088/-
  • Mrs. Aakansha Vaid to be appointed as Independent (Non-Executive) Director for 5 years