RUSHABEARNSERushabh Precision Bearings Limited· -MediumNeutral
Announced Fri, 4 Apr · 18:07 IST
Rushabh Precision Bearings Limited had intimated the 14-Apr-2025 as the record date. The Company has now informed the Exchange that the Record date has been revised to 17-Apr-2025 for the purpose of Reduction in Capital.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Rushabh Precision Bearings Limited has revised its record date from 14-Apr-2025 to 17-Apr-2025. The record date is set for the purpose of a Reduction in Capital exercise by the company. Shareholders whose names appear in the company's records on the new record date will be considered eligible for the capital reduction process. This is a 3-day postponement from the earlier announced date.
Likely market impact
Capital reduction can alter the share capital structure and may affect the stock's face value or share count. Investors should note the revised record date of 17-Apr-2025 to determine their eligibility and track the impact on their holdings.