Pasupati Fincap Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/03/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of ....
Awaiting price reaction for this filing.
Pasupati Fincap Ltd has informed BSE that its Board of Directors will meet on Thursday, March 26, 2026, at 4:00 PM. The main agenda item is to consider and approve a proposal for reduction of the company's share capital, which would require further approval from shareholders at an Extra-Ordinary General Meeting (EGM) as well as from statutory and regulatory authorities. The board may also discuss any other matter permitted by the Chair. The intimation has been filed under Regulation 29 of SEBI LODR Regulations, 2015.
A share capital reduction is a significant corporate action that could mean returning surplus cash to shareholders, writing off accumulated losses, or cancelling unutilized share capital. Shareholders should await details of the rationale and method of reduction, as it will affect per-share value and require their voting approval at the EGM.