ATN International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/01/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 ....
Awaiting price reaction for this filing.
ATN International Ltd has informed the stock exchanges that its Board of Directors will meet on January 27, 2026, to consider and approve a proposal for Reduction of Share Capital. The move will be carried out under the applicable provisions of the Companies Act, 2013 and other statutory requirements. The reduction is subject to approvals from shareholders, stock exchanges, regulatory authorities, and the National Company Law Tribunal (NCLT). The trading window for designated persons has been closed in line with insider trading regulations.
A reduction of share capital can affect the stock price and per-share metrics, but it may not necessarily be negative — it depends on whether it's to offset losses, cancel unutilised capital, or return value to shareholders. Investors should wait for details on the quantum and rationale before drawing conclusions.