
Corporate Action21 Sept 2026, 05:00 pm
Rajeswari Infra Board Approves NCLT-mandated Corporate Actions
AI Summary
Rajeswari Infrastructure Ltd's Board of Directors, in a meeting on September 21, 2026, approved several corporate actions stemming from an NCLT order dated January 13, 2026. These actions include fixing a record date for the corporate action, approving the suspension of trading for existing equity shares (ISIN INE016C01014), noting the extinguishment of promoter and promoter group shares, and the reconstitution of share capital for public shareholders. The board also noted the action plan for allotting new equity shares in place of existing ones as per the approved resolution plan.
Key Highlights
- Board approved corporate actions based on NCLT order dated January 13, 2026.
- Record date to be fixed for necessary corporate action.
- Suspension of trading for existing equity shares and ISIN INE016C01014 approved.
- Existing equity shares of promoters and promoter group to be extinguished.
- Share capital of public shareholders to be reconstituted, new shares allotted.
Price Impact
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