Fenoplast Ltd. Announces Share Capital Reduction and Re-issue Post Resolution Plan Approval

Fenoplast Ltd. has announced that pursuant to the Resolution Plan approved by the Hon’ble National Company Law Tribunal, Hyderabad Bench, the company has fixed Monday, 23.03.2026 as the record date for the purpose of ascertaining the names of the shareholders whose shares will stand reduced and extinguished. The reduction and extinguishment of share capital will affect the entire shareholding of the erstwhile promoter group and up to 95% of the equity share capital held by the public shareholders. The company will cancel and re-issue one (1) equity share of Rs.10/- each for every 20 equity shares of Rs.10/- each held by the public shareholders on the record date.