Tridev InfraEstates Limited (formerly known as Ashutosh Paper Mills Limited) has fixed August 18, 2026, as the record date to determine the entitlement of equity shareholders subject to the company’s approved reduction of share capital. This procedural milestone ensures that only shareholders holding equity shares on the specified record date will be affected by the capital reduction order, providing clarity on the timeline for investors to assess their holdings under the restructured capital base.

The Board of Directors approved this schedule during a meeting held on August 7, 2026, at the company’s registered office in Delhi. The session commenced at 11:50 AM and concluded at 12:20 PM. During the meeting, the Board took note of the certificate of registration issued by the Registrar of Companies (ROC) Delhi-I on August 4, 2026. This certification confirms the reduction of capital under Section 66 of the Companies Act, 2013, validating the legal standing of the process initiated by the company in accordance with the Order of the National Company Law Tribunal (NCLT).

In compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board formally designated Tuesday, August 18, 2026, as the critical cutoff date. This regulation mandates timely disclosure of such material corporate actions to ensure market transparency and allow investors adequate notice before their rights are adjusted. The record date serves as the definitive point for identifying shareholders whose equity shares will be subject to the reduction.

To facilitate the implementation, the Board authorized Skyline Financial Services Private Limited, acting as the registrar and share transfer agent, along with Mr. Atul Kumar Agarwal, a Director of the company, to undertake necessary corporate actions. These actions involve coordination with NSDL, CDSL, BSE Limited, and other statutory authorities to adjust shareholdings in accordance with the NCLT order. Sunil Kumar Agarwal, Managing Director, signed the disclosure submitted to the BSE Limited.

Key Dates and Regulatory Details

The company’s ISIN is INE723K01018, and it is listed on the Bombay Stock Exchange under Scrip Code 531568. Shareholders are advised to monitor their demat accounts for updates following the record date as the corporate action is processed by the depositories.

Tridev InfraEstates Limited disclosed to BSE Limited that the position of Company Secretary and Compliance Officer remains vacant, a status that has persisted since May 1, 2026. The company’s Board of Directors noted this continued vacancy during a meeting held on August 1, 2026, highlighting that despite ongoing recruitment efforts, no suitable candidate has been appointed to fill the gap left by the resignation of Ms. Sandhya Yadav.

The vacancy arose when Ms. Sandhya Yadav resigned from her services, effective May 1, 2026. In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company reported the outcome of its Board meeting to the stock exchange. The Board took note of the situation and reviewed the steps taken by management to address the compliance risk associated with the open position.

Management initiated the recruitment process immediately upon the vacancy arising, adhering to Section 203 of the Companies Act, 2013, read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Efforts included engaging recruitment consultants, utilizing professional networks, inviting applications, and conducting interviews to evaluate candidates based on qualifications, experience, and suitability.

Despite these continuous efforts, the company stated it has not yet identified a candidate possessing the requisite qualifications and expertise. Consequently, the Board directed management to continue the recruitment process and place the proposal for appointment before the Board immediately upon identifying a suitable candidate. The company affirmed it will promptly inform the Stock Exchange upon the appointment of the new Company Secretary and Compliance Officer.

Interim Compliance Measures

Until a permanent appointment is made, Tridev InfraEstates Limited has established interim measures to ensure regulatory adherence. All applicable statutory and regulatory compliances are being monitored and carried out under the supervision of the Managing Director, Chief Financial Officer, and other authorized officers of the company. This arrangement aims to mitigate any potential gaps in compliance oversight during the vacancy period.

Key Details

The Board meeting commenced at 12:30 PM and concluded at 1:00 PM on August 1, 2026. The disclosure was signed by Atul Kumar Agarwal, Director, DIN: 00022779.