RCI Industries & Technologies Ltd — Dividend/Bonus, 01-12-2025: Corp. Action

The company's Board approved the implementation of an NCLT-approved Resolution Plan. This involved the complete cancellation of existing promoter shares and a reduction of existing public shareholding to 5% of the capital. Further, 1 crore new equity shares, valued at INR 10 crore, were allotted to JTL Industries Limited, the successful Resolution Applicant. As a result, JTL Industries Limited now holds 95% of the company's equity, while existing public shareholders retain a 5% stake. The registered office address has also been changed within the city. This constitutes a major ownership restructuring for the company.