Cut off Date fix for determining Shareholders entitled to vote at the ensuing Shareholders Meeting to be held on 03rd September, 2025
Awaiting price reaction for this filing.
Citizen Infoline Ltd has fixed August 28, 2025 as the cut-off date to determine which shareholders are eligible to vote at the upcoming shareholders' meeting on September 3, 2025. The book closure period runs from August 29 to September 3, 2025. The meeting has been convened pursuant to an NCLT Ahmedabad Bench order dated July 21, 2025, to consider and approve a Scheme of Arrangement between Citizen Solar Private Limited (Transferor Company) and Citizen Infoline Limited (Transferee Company). Remote e-voting will be open from August 31, 2025 (11:00 AM) to September 2, 2025 (5:00 PM). The meeting will be held via video conferencing.
Shareholders must hold shares as of August 28, 2025 to be eligible to vote on the proposed scheme. The scheme, if approved, will lead to the merger of Citizen Solar Private Limited into Citizen Infoline Limited, which could alter the company's capital structure and business profile. Shareholders should watch for further disclosures on the swap ratio and scheme details.