AGM notice with capital reduction to write off losses

Going-concern doubtResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹7.45

prior close

₹7.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.5% vs market

Software Products peers, median of 42sector+0.0%+0.1% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.1 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.7-0.5+0.0+0.1

Next day

+3.4+1.1+2.3+0.5+2.9

+4.3+1.6+2.7-0.7+5.0

+9.0+1.5+7.5-1.2+10.2

+6.7+1.3+5.4-2.1+8.8

+7.9+1.4+6.5-2.9+10.8

-2.3-2.1-0.2-3.9+1.7

15d

-6.0-0.9-5.1-1.3-4.7

+0.5-1.4+2.0-4.8+5.4

—————

UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

34th AGM on September 30, 2026. Agenda: adopt FY26 financials, re-appoint director, and approve capital reduction from Rs. 2.05 crore to Rs. 92.26 lakh by cancelling 55 percent of shares (56.38 lakh shares of Rs. 2) to write off accumulated losses of Rs. 1.12 crore. Consolidation: every 100 Rs. 2 shares become 9 Rs. 10 shares. No cash payout.

Likely market impact

Negative for shareholders: share count reduces sharply, no cash received. Balance sheet clean-up.