Bio Green Papers Ltd - Corporate Action-Outcome of Capital Reduction
22 Jun 2024
The Board of Directors of the Company at their meeting held on 22.06.2024, pursuant to the Resolution Plan approved by the Hon''ble NCLT vide order dated 28.05.2024, considered and approved, interalia along with other items, the following:
1. Extinguishment of entire promotor holding, as on 21.06.2024 (Record Date) to NIL without any payout.
2. Cancellation of 95% of the shareholding of the Public Shareholders as on the Record Date (i.e., 21.06.2024)
Source:
BSE India