Description
BSE notifies trading members of Cistro Telelink Ltd's share capital reduction approved by NCLT Indore Bench, with record date of 06 March 2026. Trading in equity shares is suspended effective 06 March 2026.
Summary
BSE has issued a notice informing 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 the company effective 06 March 2026.
Key Points
- Record date for share capital reduction is fixed as 06 March 2026
- Trading in Cistro Telelink Ltd equity shares is suspended with effect from 06 March 2026 (Settlement No. DR-834/2025-2026)
- The reduction has been approved by the Hon’ble National Company Law Tribunal, Indore Bench
- Existing paid-up share capital: INR 5,13,43,000 comprising 5,13,43,000 equity shares of INR 1/- each
- Reduced paid-up share capital: INR 3,08,05,800 comprising 3,08,05,800 equity shares of INR 1/- each
- Total shares being cancelled: 2,05,37,200 equity shares
Regulatory Changes
The share capital reduction was sanctioned by the NCLT Indore Bench. The issued, subscribed, and paid-up share capital of Cistro Telelink Limited is being reduced from INR 5,13,43,000 (5,13,43,000 shares of INR 1/- each) to INR 3,08,05,800 (3,08,05,800 shares of INR 1/- each), representing a reduction of approximately 40% of total equity shares.
Compliance Requirements
- Trading members must not deal in the equity shares of Cistro Telelink Ltd (531775) with effect from 06 March 2026
- Members are requested to take note of the no-dealings directive and ensure compliance
- The suspension is applicable from the record date under Settlement No. DR-834/2025-2026
Important Dates
- Notice Date: 05 March 2026
- Record Date: 06 March 2026
- No Dealings / Trading Suspension Effective: 06 March 2026
- Settlement Reference: DR-834/2025-2026
Impact Assessment
This circular has a high impact on traders and investors holding or dealing in Cistro Telelink Ltd (531775) shares. The trading suspension effective 06 March 2026 means no transactions can be executed from that date. The share capital reduction of ~40% (from 5.13 crore to 3.08 crore shares) will significantly alter the company’s capital structure. Existing shareholders should be aware of the change in their proportional holdings and monitor announcements from the company regarding the mechanics of the capital reduction.
Impact Justification
Trading suspension and share capital reduction directly affect shareholders and trading members dealing in Cistro Telelink Ltd equity shares, with immediate operational impact from 06 March 2026.