Fenoplast Ltd has announced March 23, 2026 as the record date for equity share capital reduction under an NCLT-approved resolution plan dated January 22, 2025. The selective reduction will extinguish 100% of erstwhile promoter group shares and up to 95% of public shareholder equity. Public shareholders will receive one share of Rs.10 for every 20 shares held on the record date.
Fenoplast Ltd Sets March 23, 2026 Record Date for Equity Share Capital Reduction Under NCLT Plan
Fenoplast Ltd has set Monday, March 23, 2026 as the record date for a significant reduction in its equity share capital under a resolution plan approved by the National Company Law Tribunal (NCLT). The announcement, made on March 11, 2026, outlines a... [3080 chars]
