Record Date for reduction of share capital of the Company pursuant to NCLT order dated 09.10.2025.
Awaiting price reaction for this filing.
JTL Defence Ltd has set November 28, 2025 as the Record Date for the extinguishment of promoter holdings and reduction of existing public shareholding. This action is being carried out as per a Resolution Plan approved by the NCLT (National Company Law Tribunal), New Delhi Bench, through its order dated October 9, 2025. The company has attached a BSE notice dated November 25, 2025 for reference. This filing continues from the company's earlier intimation dated November 21, 2025.
Shareholders face a significant change in shareholding structure — promoter shares will be extinguished and public shareholding will be reduced, which may lead to share price volatility and a change in equity composition. Existing investors should expect dilution or restructuring of their holdings in line with the NCLT-approved plan.