CP Capital Limited — Updates, 12-05-2025: Scheme of Arrangement

CP Capital Limited has announced a board meeting on May 12, 2025. Career Point Edutech Limited allotted 1.82 crore equity shares (Rs 10 face value) to CP Capital’s shareholders under a Composite Scheme of Arrangement. The pre-scheme 6.13 lakh shares held by CP Capital in CP Edutech were cancelled without consideration. The new shares will be credited to shareholders’ demat accounts but remain frozen until stock exchange listing or trading approval. This update impacts shareholder equity and signals progress in implementing the restructuring plan.