Intimation of revision in the Record Date pertaining to the reduction/cancellation and extinguishment of the existing paid-up share capital of Cian Healthcare Limited, held by the erstwhile ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cian Healthcare has revised its Record Date from January 16, 2026 to January 21, 2026 for a share capital restructuring ordered by NCLT Mumbai under the Insolvency and Bankruptcy Code. The erstwhile promoters' 67.74 lakh shares (27.10% of paid-up capital) will be cancelled entirely with zero consideration, as their liquidation value has been deemed NIL. Public shareholders' 1.82 crore shares (72.90% of paid-up capital) will also be cancelled, but in exchange they will receive only 12.50 lakh fresh equity shares, allocated in proportion to their existing holdings as on the revised Record Date. This effectively means public shareholders will see their share count drop sharply under the resolution plan.
Existing shareholders — both promoters and public — will lose a very large portion of their equity. Public holders of 1.82 crore shares collectively will end up with just 12.5 lakh shares, an effective ~93% cut in share count. The stock is likely to see significant value erosion as the capital structure is reset under the IBC process.