Bergen Engines India files NCLT petition to reduce share capital by Rs 61.88 crore, returning Rs 19.35 per share to shareholders.
Company received unanimous board and shareholder approval for capital reduction via special resolution in August 2024.
Petition reveals company has 51 unsecured creditors totaling Rs 12.58 crore and no secured creditors as of August 2024.
NCLT directs company to serve notices to ROC, Regional Director, creditors, and publish in Business Standard newspapers.