Vaishno Cement Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2025 ,inter alia, to consider and approve 1. Adoption of Memorandum ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vaishno Cement Company Ltd has informed BSE that its Board of Directors will meet on Wednesday, 29 October 2025 at the registered office in Kolkata. The Board will consider adopting a new Memorandum of Association and Articles of Association aligned with the Companies Act, 2013. Most notably, it will discuss a proposal to reduce the share capital of the company under Section 66 of the Companies Act, 2013, which will require approvals from shareholders and the National Company Law Tribunal (NCLT). The filing was signed by Whole-time Director Jatin Nanji Chheda on 25 October 2025.
The proposed share capital reduction is a material corporate action that could affect the face value or number of shares held by investors. This is typically undertaken to write off accumulated losses or restructure capital, and any change will only take effect after shareholder and NCLT approval, so there is no immediate impact on shareholding until further announcements are made.