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Viksit Engineering LtdImportant, 01-12-2025: Company Update

01-12-2025 | 12:11 pm

Viksit Engineering Limited has undergone a capital restructuring following its insolvency resolution. The company's board approved extinguishing and reducing its equity share capital. It will then allot 12,500 new equity shares, each at Rs. 10, to existing shareholders (excluding promoters). Shareholders will receive 503 new shares for every 10,000 ordinary shares held. The record date for this was 23 May. These new shares will be tradable on BSE once trading approval is secured.

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