We wish to inform you that pursuant to the order of Hon''ble NCLT, Ahmedabad Bench dated 18th November, 2025, the Board of Directors in accordance with the approved resolution plan has ....
Awaiting price reaction for this filing.
Following an NCLT Ahmedabad Bench order dated 18 November 2025, Dharti Proteins is restructuring its share capital as part of an approved resolution plan. All existing 1,02,77,200 equity shares (Rs. 10 each) will be cancelled and extinguished, reducing the paid-up capital to just 5,00,000 equity shares. Of these, public shareholders (currently holding 1,00,98,748 shares) will collectively receive only 25,000 shares in proportion to their existing holdings, the financial creditor Goenka Business & Finance Ltd will get 50,000 shares, and the successful resolution applicant will receive 4,25,000 shares (85% of restructured capital). The record date to determine eligible shareholders is Friday, 13 February 2026. No cash will be paid for fractional shares.
Existing public shareholders face an extreme ~99.75% dilution, as roughly 1.01 crore public-held shares collapse into just 25,000 shares collectively. Effectively, control of the company shifts almost entirely to the resolution applicant and financial creditor, making this highly negative for existing retail shareholders in terms of ownership value.