This is to inform you that the Board of Directors of the Company, at its meeting held today i.e. February 2, 2026, inter-alia, considered and approved the following: 1. Convening of an ....
Awaiting price reaction for this filing.
ATN International Ltd's Board of Directors met on February 2, 2026 and approved convening an Extraordinary General Meeting (EGM) on March 9, 2026 at 1:30 PM at the company's registered office in Kolkata. The EGM is being called to seek shareholders' approval for a Scheme of Reduction of Capital between the company and its shareholders, under Section 66 of the Companies Act, 2013. The company has arranged remote e-voting facilities, open from March 6 (9:00 AM) to March 8 (5:00 PM), 2026, with a cut-off date of March 2, 2026 to determine eligibility.
Capital reduction can affect shareholder value depending on the rationale—it may return excess capital to shareholders or signal restructuring. Investors should review the full scheme document once the EGM notice is circulated and assess whether to support or oppose the resolution.