Announced Fri, 18 Sept · 16:45 IST
Board to approve record date for NCLT Resolution Plan implementation
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Rajeswari Infrastructure board meets 21 Sep 2026 to fix the record date for implementing its NCLT-approved Resolution Plan. Key steps: suspend trading of existing equity shares, suspend ISIN INE016C01014, extinguish promoter and promoter group shares, reconstitute public shareholder capital, and allot new shares in place of existing ones.
Likely market impact
Existing shares will be suspended and replaced under NCLT Resolution Plan. Trading may be halted temporarily during the transition.