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The company has fixed December 10 as the record date for reducing its paid-up share capital. This action, part of an NCLT-approved resolution plan, involves extinguishing 0.37 Cr equity shares (face value Rs. 10) held by the existing Promoters and Promoters group. These shares, representing their entire 51.79% holding, will be cancelled without payment. This significantly alters the company's capital structure and promoter ownership, implementing a key part of the NCLT resolution.