ATNINTERNSEATN International Limited· FinanceHighNeutral
Announced Mon, 2 Feb, 2026 · 22:18 IST
Board approves capital reduction scheme, EGM on March 9
Price reaction
Awaiting price reaction for this filing.
AI summary
ATN International board approved a Scheme of Reduction of Capital under Section 66 of the Companies Act, 2013, seeking shareholder approval. An extraordinary general meeting is scheduled for March 9, 2026 at 1:30 PM at the registered office in Kolkata. E-voting cut-off date is March 2, 2026. Remote e-voting runs from 9 AM on March 6 to 5 PM on March 8, 2026.
Likely market impact
Capital reduction typically writes off accumulated losses or cancels excess capital, which can affect share value. Approval from shareholders at EGM is required.