In terms of Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) regulations, 2015, we wish to inform your good office that the Company has fixed Friday, March 06, 2026 ....
Awaiting price reaction for this filing.
Cistro Telelink has fixed March 6, 2026 as the record date for a 40% reduction in paid-up equity share capital, approved by the NCLT Indore Bench on January 21, 2026. The share capital will shrink from Rs. 5.13 crore (5.13 crore shares of Re 1) to Rs. 3.08 crore (3.08 crore shares of Re 1), with about 2.05 crore shares being cancelled without any payment to shareholders. The move is meant to write off accumulated losses of Rs. 2.05 crore against share capital, reducing carried-forward losses from Rs. 216.27 lakh to just Rs. 10.90 lakh. The company says this will clean up its balance sheet and help it raise future funding for restructuring its business.
Shareholders will see their share count fall by 40% on the record date with no cash compensation, which typically translates into a proportionate drop in the share price on the effective date — overall value held should roughly stay the same on paper. The move signals the company is financially stressed (Covid-era losses, inoperative for years) and is restructuring to attract fresh funding, which carries both risk and potential recovery upside.