Intimation for record date for allotment of new shares pursuant to scheme of capital reduction
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Saptak Chem and Business Limited has fixed Saturday, July 05, 2025 as the Record Date to identify shareholders eligible for the allotment of new shares under its Scheme of Capital Reduction. The decision was taken at the Board meeting held on June 24, 2025, which concluded at 5:00 p.m. This filing continues an earlier disclosure made to BSE on June 23, 2025. The record date will determine who receives new shares once the capital reduction scheme becomes effective.
Investors must hold shares in the company by July 5, 2025 to qualify for the new shares under the capital reduction scheme. The capital reduction and subsequent re-allotment will alter the share count and possibly the face value, so existing shareholders should review the scheme terms to understand how their holding and percentage ownership will change.