This is with reference to the Capital Reduction of Seshachal Technologies Ltd approved by the Hon'ble High Court, with record date fixed as October 13, 2016 as per BSE notice dated 04.10.2016. ....
Awaiting price reaction for this filing.
Seshachal Technologies' board, at its meeting on September 15, 2025, approved a revised record date of September 29, 2025 for the company's Capital Reduction, originally approved by the Hon'ble High Court with a record date of October 13, 2016. Trading in the stock has been suspended since October 10, 2016, but inadvertent trading occurred between July 1 and July 10, 2020 on BSE after trading resumed, leading to changes in beneficial ownership after the original record date. The new record date is being fixed to regularize the situation and comply with the High Court order and depository processes.
Shareholders holding shares as of the new record date (September 29, 2025) will be considered for the Capital Reduction process. Investors who bought shares during the inadvertent July 2020 trading window should take note, as their holdings may be impacted by this revised record date.