RCI Industries & Technologies Ltd — Dividend/Bonus, 21-11-2025: Corp. Action
21-11-2025 | 07:20 pm
21-11-2025 | 07:20 pm
RCI Industries & Technologies' Board has fixed November 28, 2025, as the record date for equity share capital reduction, following the NCLT-approved resolution plan. All existing shares held by the Promoter and Promoter group will be cancelled. For public shareholders, their existing equity capital will be reduced to 5% of the company's fully diluted capital structure, post the resolution plan's implementation. This move is crucial for restructuring the company's ownership as part of its approved insolvency resolution.
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