This is inform you that in our intimation submitted to the exchange on 21st june ,2025
Awaiting price reaction for this filing.
Jiya Eco-Products has informed BSE about correcting a typo in its 21 June 2025 filing, where the public category share count was wrongly mentioned as 5,316 instead of the correct 5,314. The filing is part of an NCLT-approved resolution plan under which the company's entire existing equity capital of 3,00,73,262 shares of Rs.10 each will be extinguished. Existing public shareholders will receive 5,314 new equity shares of Rs.100 face value each as compensation for their cancelled shares. There is also a consolidation of 10 equity shares of Rs.10 into 1 share of Rs.100 before the new issuance. Post-restructuring, the shareholding will be 1,01,000 promoter shares (95%) and 5,314 public shares (5%), totalling 1,06,314 shares of Rs.100 each.
This is effectively a massive restructuring following an insolvency resolution, where old shares are extinguished and replaced with a much smaller number of higher face value shares. Existing public shareholders will see their holdings drastically consolidated and significantly reduced in number, though the company is moving forward under the NCLT-approved plan.