Corporate Action20 May 2026, 01:27 pm
Cyber Media India: NSE Approves Forfeiture of Rights Issue Shares
AI Summary
Cyber Media India Ltd. announced that it received approval from the National Stock Exchange of India Limited (NSE) on May 19, 2026, for the forfeiture of 171,329 partly paid-up equity shares related to the company's Rights Issue. The company is still awaiting approval from BSE Limited and will disclose further actions upon receipt.
Key Highlights
- NSE approves forfeiture of 171,329 partly paid-up equity shares.
- Forfeiture is pursuant to the Rights Issue of Cyber Media India Ltd.
- Approval from BSE Limited is currently awaited.
- Company will undertake consequential actions after BSE approval.
Price Impact
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