Resolution Plan -Reduction of Share Capital of Bartronics India Ltd. (Scrip Code: 532694) |
Trading members of the Exchange are hereby informed that, Bartronics India Ltd. has fixed Record Date for the purpose of Reduction of Share Capital as per the Resolution Plan approved vide Order passed by the Hon’ble National Company Law Tribunal, Hyderabad. The details of the same is given below:
COMPANY NAME &
CODE
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RECORD DATE
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PURPOSE
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NO DEALINGS FROM
DATE &
SETT. NO.
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Bartronics India Ltd.
(532694)
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18/11/2022
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As per the Resolution Plan approved by Hon’ble National Company Law Tribunal , Hyderabad Bench:
Reduction of Share Capital :
The Resolution Plan proposes Reduction of the Company’s share capital from Rs.34,04,88,610/- (Indian Rupees Thirty Four Crore Four Lakh Eighty Eight Thousand Six Hundred and Ten only) to Rs. 3,40,48,861/- (Indian Rupees Three Crore Forty Lakh Forty Eight Thousand Eight Hundred and Sixty One only), without any payout to the shareholders of the company, by reducing the Face Value of each issued and outstanding Equity Share of the Company from Rs.10/- (Rupees Ten) to Re.1/- (Rupee One).
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18/11/2022
DR- 658/2022-2023
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Trading Members of the Exchange are requested to take note of it.
Marian Dsouza
Senior Manager –Listing Operations (CRD)
November 11, 2022
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