Announced Sat, 20 Jun · 17:18 IST
Preference shareholders approve capital reduction scheme
Corporate Actions View source PDF
BALKRISHNA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.0%1-day move
₹18.10
prior close
₹18.12
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.5-0.4+3.5+5.0+4.4+4.0+2.0+4.9+2.2+0.6-3.3——
Up moveDown movePending
AI summary
Balkrishna Paper Mills held a preference shareholders EGM on 19 June 2026. All holders of 1.10 crore unlisted preference shares across 9 series, representing 100% of preference capital, unanimously approved the Scheme of Reduction of Share Capital by special resolution. The scheme now awaits NCLT approval. This applies only to unlisted preference shareholders and does not directly affect equity shareholders.
Likely market impact
Capital reduction pertains to unlisted preference shares only; subject to NCLT approval. No direct impact on equity shareholders.