Kedia Construction Revises Record Date for Capital Reduction

Kedia Construction Company Ltd has revised the record date to Monday, June 29, 2026, for the implementation of its capital reduction scheme. This revision is part of the approved Scheme of Arrangement and Amalgamation with Kirti Investments Limited. The capital reduction involves reducing the face value of equity shares from INR 5 to INR 1. The revised record date will determine existing shareholders for the cancellation of current shares and the issuance of new equity shares with the reduced face value, as approved by the National Company Law Tribunal. The shareholding pattern is expected to remain unchanged in terms of percentage, with the face value adjustment being the primary change.