Allotment of 3,08,05,800 (Three Crore Eight Lakh Five Thousand Eight Hundred) Equity Shares of Re. 1/- each (Rupees One only) to the members of the Company whose name appears in the records ....
Awaiting price reaction for this filing.
CISTRO Telelink Ltd has allotted 3,08,05,800 equity shares of Re. 1 each to its existing members as per the record date of March 6, 2026. This allotment follows a reduction in share capital approved by the NCLT Indore Bench via an order dated January 21, 2026 in the matter CP/4(MP)2025. The board approved the allotment at its meeting on March 7, 2026. The company is essentially restructuring its share capital by cancelling old shares and issuing new ones to members as recorded in the R&TA's books.
This is a capital restructuring event with no fresh capital being raised. Existing shareholders' ownership proportions should largely remain unchanged, though the total share count has been revised downward. The stock may see a price adjustment to reflect the new capital structure.