Announced Sat, 20 Jun · 17:15 IST
Preference shareholders approve share capital reduction resolution
Compliance View source PDF
BALKRISHNA · price
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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——
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AI summary
EGM of preference shareholders of Balkrishna Paper Mills held on June 19, 2026, approved the special resolution for reduction of share capital unanimously. All 1,10,00,000 votes (20 members) across 9 preference share ISINs were cast in favor, with zero votes against and no invalid votes. The resolution passed with the required special majority. Scrutinizer was Mr Prasen Naithani of P. Naithani and Associates.
Likely market impact
Share capital reduction approved by preference shareholders; next steps likely NCLT filing and formal implementation of the scheme.