Newspaper Advertisement of Notice of the meeting of the Equity Shareholders of Concord Enviro Systems Limited (the Company ) to be convened as per directions of the Hon ble National Company Law Tribunal, Mumbai Bench for approving the Scheme of Arrangement of Concord Enviro Systems Limited and its Shareholders under Section 230 read with Section 52 and Section 66 and other applicable provisions of the Companies Act, 2013 (the Scheme ).
CEWATER · price
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Concord Enviro Systems Limited (CEWATER, Scrip Code: 544315) has published newspaper notices in Financial Express (English) and Navshakti (Marathi) on 24 March 2026, informing equity shareholders about a meeting convened by the NCLT Mumbai Bench. The meeting will be held on Tuesday, 28 April 2026 at 10:00 AM via video conferencing/other audio-visual means, following the NCLT order dated 11 March 2026. The purpose is to seek shareholder approval for a Scheme of Arrangement between the Company and its shareholders under Sections 230, 52, and 66 of the Companies Act, 2013. The scheme involves capital reduction (Section 52) and reduction of share capital (Section 66), suggesting a possible return of capital or capital restructuring. The record date is 20 March 2026, and remote e-voting via NSDL will be available from 25 April (9:00 AM) to 27 April 2026 (5:00 PM).
Shareholders should review the scheme details carefully as it involves capital reduction and will require their approval through voting. The outcome of this NCLT-convened meeting could affect the company's capital structure and shareholder value. Shareholders of record as of 20 March 2026 are eligible to vote on the scheme.