News Announcement

Dalmia DSP: Corporate Action-Intimation of Capital Reduction

The Company proposes to hold a meeting of the Board of Directors on Monday i.e 23rd April 2018 to consider and take various actions under the Resolution Plan approved by National Company Law Tribunal, Kolkata vide order dated January 31, 2018 under sec. 31(1) of the Insolvency & Bankruptcy code 2016. Pursuant to the Resolution Plan, the effective date has been decided to be 23rd April-2018 as agreed between the Resolution professional and the Resolution Applicant. The following actions will be taken on the effective date:

01. Issue and allotment of 15 crore new equity shares of Rs.150 crores .
02. Extinguishment of entire existing share capital of Rs.27,88,56,140/-
03. The company shall be deemed to have been delisted upon cancellation of the
existing share capital as approved under the Resolution Plan.

Actions taken on the effective date will be intimated appropriately.

वैल्यू रिसर्च से पूछें aks value research information

कोई सवाल छोटा नहीं होता. पर्सनल फ़ाइनांस, म्यूचुअल फ़ंड्स, या फिर स्टॉक्स पर बेझिझक अपने सवाल पूछिए, और हम आसान भाषा में आपको जवाब देंगे.


These are advertorial stories which keeps Value Research free for all. Click here to mark your interest for an ad-free experience in a paid plan