Record date fixed for NCLT resolution plan implementation
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Board fixed September 25, 2026 as the record date to identify shareholders subject to capital structure changes under the NCLT-approved resolution plan. Changes include extinguishment, reduction, consolidation, and reconstitution of public share capital, plus fresh equity infusion by the Resolution Applicant. CIRP concluded per NCLT order dated 13.01.2026.
Shareholders on record date will face capital restructuring and possible dilution under the NCLT resolution plan.