BSEAshapura Intimates Fashion LtdHighNeutral
Announced Wed, 28 Oct, 2026 · 17:52 IST
Capital reduced and 500,000 new shares allotted to public shareholders
Price reaction
Awaiting price reaction for this filing.
AI summary
Following an NCLT order, the company cancelled 21,490,714 public shares and 3,720,692 promoter shares, then allotted 500,000 fully paid shares of Rs 10 each to eligible public shareholders at 1 new share for every 43 existing shares. Paid-up capital fell from Rs 25.21 crore to Rs 50 lakh.
Likely market impact
The share count and ownership structure change sharply, and promoters lose all shares. With only 500,000 shares remaining, trading liquidity and share price may be affected.