Description
BSE notifies trading members that Cistro Telelink Ltd has fixed a record date of 06/03/2026 for reduction of share capital as approved by the National Company Law Tribunal, Indore Bench. Trading in equity shares is suspended effective 06/03/2026.
Summary
BSE has informed trading members that Cistro Telelink Ltd (Scrip Code: 531775) has fixed 06 March 2026 as the Record Date for reduction of its equity share capital, as approved by the Hon’ble National Company Law Tribunal (NCLT), Indore Bench. Trading members are advised not to deal in the equity shares of Cistro Telelink Ltd from 06/03/2026 onwards (Settlement No. DR-834/2025-2026).
Key Points
- Record Date for share capital reduction: 06 March 2026
- Trading suspended in Cistro Telelink Ltd equity shares effective 06/03/2026 (DR-834/2025-2026)
- Capital reduction is NCLT-approved (Indore Bench)
- Paid-up capital reduced from INR 5,13,43,000 (51.343 million shares of INR 1 each) to INR 3,08,05,800 (30.805 million shares of INR 1 each)
- Total shares cancelled: approximately 2,05,37,200 equity shares (~40% reduction)
- All shares carry a face value of INR 1/- each
Regulatory Changes
The share capital restructuring has been sanctioned by the Hon’ble National Company Law Tribunal, Indore Bench. The issued, subscribed, and paid-up share capital of Cistro Telelink Limited is being reduced as follows:
| Parameter | Before Reduction | After Reduction |
|---|---|---|
| Paid-up Capital | INR 5,13,43,000 | INR 3,08,05,800 |
| Number of Shares | 5,13,43,000 | 3,08,05,800 |
| Face Value per Share | INR 1/- | INR 1/- |
Compliance Requirements
- Trading members must not deal in equity shares of Cistro Telelink Ltd (Scrip Code: 531775) with effect from 06/03/2026
- Members must note Settlement No. DR-834/2025-2026 for reference
- Members should update client holdings and position records accordingly
Important Dates
- Circular Date: 05 March 2026
- Record Date: 06 March 2026
- No Dealings / Suspension Effective Date: 06 March 2026
- Settlement No.: DR-834/2025-2026
Impact Assessment
This capital reduction represents approximately a 40% decrease in the total equity share base of Cistro Telelink Ltd, from 5.13 crore shares to 3.08 crore shares. The NCLT-ordered reduction and immediate trading suspension will have a significant impact on existing shareholders and market participants holding this scrip. Trading members must halt all transactions in this security from the record date. Shareholders should expect changes to their shareholding proportions and should monitor further announcements from the company regarding the mechanics of the capital reduction.
Impact Justification
Trading suspension and significant reduction in paid-up share capital (~40% reduction) ordered by NCLT directly impacts existing shareholders and trading members dealing in this equity.