Citizen Infoline Ltd — Important, 03-04-2026: Company Update
03-04-2026 | 07:21 pm
03-04-2026 | 07:21 pm
The company's Board has allotted 86.46 lakh equity shares of Rs 10 each to eligible shareholders of Citizen Solar Private Limited. This allotment is part of a share swap following the amalgamation scheme between the two companies, based on an 11:1 exchange ratio. The record date for eligible shareholders was set as March 31. Post-allotment, the company's paid-up share capital is Rs 14.04 crore, comprising 1.40 crore equity shares, which alters the shareholding pattern. The company plans to seek listing for these newly issued shares, which will remain frozen until trading approval.
No comments yet. Be the first to comment!
