ZUARI AGRO CHEMICALS LTD. - Disclosure Of Events Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("Listing Regulations")
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| 24 Jun 2022 | |
| This is to inform you that the board of directors of Zuari Farmhub Limited ("ZFL"), a wholly owned subsidiary of Zuari Agro Chemicals Limited ("ZACL") has approved to undertake a scheme of capital reduction of ZFL under Section 66 of the Companies Act, 2013 for reduction of ZFL''s issued, subscribed and paid-up capital from INR 785,57,00,000 consisting of 78,55,70,000 equity shares of INR 10 each to INR 86,60,26,000 consisting of 8,66,02,600 equity shares of INR 10 each by cancellation and extinguishment of 69,89,67,400 equity shares of INR 10 each held by ZACL in ZFL by writing off/adjustment of negative balance in the capital reserve account of ZFL in accordance with the terms of the scheme of capital reduction, subject to the confirmation of the jurisdictional National Company Law Tribunal & such other approvals, consents, permissions and sanctions, as may be required to be obtained from appropriate Governmental authorities, departments, offices, institutions, bodies, agencies. | |
| View all announcements for ZUARI AGRO CHEMICALS LTD. | Source: BSE India |
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