Corporate News     17-Jan-19
Board of Burnpur Cement re-considers proposed reduction of capital
At meeting held on 17 January 2019
The Board of Burnpur Cement at its meeting held on 17 January 2019 has re-considered the proposed reduction of capital and decided that up on reduction of the paid up value of each equity share from Rs. 10/— each to Rs.2/— each, simultaneously five equity shares of Rs. 2 each shall be consolidated into one equity share of Rs. 10 each. Accordingly, in effect, for every five equity shares of Rs. 10 each, each the shareholder shall get one equity share of Rs. 10 each.

Since the reduction of capital shall be on proportionate basis, there shall not be any change in percentage shareholding of any shareholder of the Company, except adjustment due to fractional entitlement.

The proposed reduction of capital shall be subject to approval of the members, National Company law Tribunal and other requisite authority.

Previous News
  Burnpur Cement reports standalone net loss of Rs 18.24 crore in the June 2021 quarter
 ( Results - Announcements 12-Aug-21   15:26 )
  Burnpur Cement reports standalone net loss of Rs 19.16 crore in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   14:02 )
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 ( Corporate News - 13-Aug-21   14:30 )
  Burnpur Cement reports standalone net loss of Rs 20.77 crore in the December 2022 quarter
 ( Results - Announcements 09-Feb-23   14:27 )
  Burnpur Cement reports standalone net loss of Rs 6.84 crore in the December 2016 quarter
 ( Results - Announcements 16-Feb-17   16:15 )
  Burnpur Cement reports standalone net loss of Rs 29.78 crore in the September 2020 quarter
 ( Results - Announcements 10-Nov-20   15:50 )
  Burnpur Cement reports standalone net loss of Rs 18.39 crore in the September 2021 quarter
 ( Results - Announcements 14-Nov-21   11:43 )
  Burnpur Cement provides financial update
 ( Corporate News - 07-Jan-17   18:33 )
  Burnpur Cement to convene board meeting
 ( Corporate News - 19-Jun-20   12:38 )
  Burnpur Cement reports standalone net loss of Rs 1.84 crore in the June 2019 quarter
 ( Results - Announcements 10-Aug-19   11:23 )
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 ( Results - Announcements 09-Aug-23   15:19 )
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