Board Meeting Details
- Date of Board Meeting: 21st September 2026
- Time of Commencement: 04:00 PM
- Time of Conclusion: 04:40 PM
Resolutions Approved by the Board
The Board of Directors approved the following resolutions dated 21st September 2026:
1. Record Date Approval: Approved fixing a record date for necessary corporate actions as contemplated under the Resolution Plan approved by the Hon'ble National Company Law Tribunal (NCLT), Chennai, dated 13th January 2026.
2. Trading Suspension Approval: Approved suspension of trading of the company's existing equity shares to comply with corporate actions in accordance with the NCLT order dated 13th January 2026 and the approved resolution plan.
3. ISIN Suspension Approval: Approved suspension of ISIN INE016C01014 of the existing equity shares.
4. Promoter Share Extinguishment: Took note of the extinguishment of existing equity shares held by promoters and promoter group in the company pursuant to the NCLT order dated 13th January 2026 and the approved resolution plan.
5. Public Share Capital Reconstitution: Took note of the reconstitution of share capital held by public shareholders pursuant to the NCLT order dated 13th January 2026 and the approved resolution plan.
6. New Share Allotment Plan: Took note of the action plan for allotment of new equity shares in place of existing shares as per the approved resolution plan.