Description
BSE notifies trading members of Cistro Telelink Ltd's court-approved equity share capital reduction, with dealings suspended from 06 March 2026 (Record Date).
Summary
BSE has notified all 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 in the equity shares of Cistro Telelink Ltd is suspended with effect from 06 March 2026 (Settlement No. DR-834/2025-2026).
Key Points
- Record Date for share capital reduction: 06 March 2026
- Trading suspension effective from: 06 March 2026 (Settlement No. DR-834/2025-2026)
- The reduction has been approved by the Hon’ble NCLT, Indore Bench
- Existing paid-up capital: INR 5,13,43,000 (5,13,43,000 equity shares of INR 1/- each)
- Reduced paid-up capital: INR 3,08,05,800 (3,08,05,800 equity shares of INR 1/- each)
- Number of shares cancelled: approximately 2,05,37,200 equity shares
- Face value of each equity share remains unchanged at INR 1/-
Regulatory Changes
The share capital reduction is pursuant to an order passed 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 from INR 5,13,43,000 to INR 3,08,05,800, representing a reduction of approximately 40% of the existing share count.
Compliance Requirements
- Trading members are advised not to deal in the equity shares of Cistro Telelink Ltd (531775) with effect from 06 March 2026.
- All trading members must take note of the suspension and ensure no transactions are executed in this scrip on or after the record date until further notice.
Important Dates
| Event | Date |
|---|---|
| Notice Date | 05 March 2026 |
| Record Date | 06 March 2026 |
| No Dealings / Suspension Effective | 06 March 2026 |
| Settlement Number | DR-834/2025-2026 |
Impact Assessment
This is a significant corporate action affecting all market participants holding or intending to trade in Cistro Telelink Ltd (531775). The NCLT-approved capital reduction results in immediate suspension of trading from 06 March 2026. Shareholders will see a reduction in the number of equity shares held corresponding to the capital reduction ratio. The face value per share (INR 1/-) remains unchanged. Market participants should review their open positions and orders in this scrip immediately to ensure compliance with the trading suspension.
Impact Justification
Court-approved share capital reduction results in immediate trading suspension from 06 March 2026; significant structural change reducing paid-up capital from INR 5.13 crore to INR 3.08 crore, affecting all trading members dealing in this scrip.