Cistro Telelink Limited has completed the mandatory newspaper publication requirements for its share capital reduction scheme, with advertisements published on February 25, 2026, following the earlier announcement of March 6, 2026 as the record date for implementing the capital restructuring.

NCLT Approval and Capital Structure Changes

The Hon'ble National Company Law Tribunal, Indore Bench, approved the company's scheme for capital reduction through its order dated January 21, 2026. The approval enables Cistro Telelink to proceed with a significant restructuring of its equity base.

Regulatory Compliance and Publication Requirements

Pursuant to Regulations 30, 42 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted newspaper publication copies to BSE Limited on February 25, 2026. The advertisements were published in Free Press Journal (English edition) and Indore Samachar (Hindi edition) on the same date.

The scheme received overwhelming shareholder support, with 47 out of 49 equity shareholders present at the Annual General Meeting held on July 25, 2024 voting in favor. This represented 1,97,39,000 equity shares, constituting 99.93% of the total value of shares held by shareholders present at the meeting.

Financial Restructuring Strategy

The capital reduction represents a 40% decrease in the company's paid-up equity share capital. This strategic move is designed to adjust accumulated losses against the share capital, thereby improving the company's balance sheet position. The company's accumulated losses stood at Rs. 216.27 lakhs as of March 31, 2024, which will be reduced to Rs. 10.90 lakhs post-implementation.

Implementation Timeline and Record Date

With the record date set for March 6, 2026, the capital reduction will become effective from that date. The company has completed all necessary regulatory filings, including Form INC-28 with the Registrar of Companies on February 5, 2026, and received the Certificate of Registration of Order Confirming Reduction of Capital on February 12, 2026.

Only shareholders whose names appear in the records of the Depositories (NSDL and CDSL) as beneficial owners as of the close of business hours on March 6, 2026, shall be entitled to the benefits of the reduction of share capital.