Cian Healthcare Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2026 ,inter alia, to consider and approve In compliance with the relevant ....
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Awaiting price reaction for this filing.
Cian Healthcare Ltd has informed BSE that its Resolution Plan Implementation Committee (RPIC) will meet on January 23, 2026. The committee will consider cancelling and extinguishing the existing paid-up share capital held by erstwhile promoters to zero, without any consideration. Public shareholders will instead be allotted fresh fully paid-up equity shares in lieu of their existing shareholding as on the record date of January 21, 2026. This action is being taken pursuant to an NCLT order dated December 18, 2025, under the Insolvency and Bankruptcy Code, 2016. The company is in the final stages of implementing its approved resolution plan.
Existing public shareholders will see their current shares replaced with fresh equity shares (a 1-for-1 fresh allotment, not a loss in quantity), while erstwhile promoters will be completely wiped out with no compensation. This is a significant restructuring event — the stock should be watched closely as old share certificates will effectively be cancelled and replaced.