News Corporate Actions Datacipher Limited Board Meeting on January 30, 2026 to Consider Equity Share Allotments Following NCLT ApprovalDatacipher Limited Board Meeting on January 30, 2026 to Consider Equity Share Allotments Following NCLT Approval
Datacipher Limited has scheduled a board meeting for January 30, 2026 to approve equity share allotments to Mr. Kotha Amarandhar Reddy and shareholders of Datacipher Solutions Private Limited, following NCLT Chennai Bench approval dated July 24, 2025. The meeting will also consider strategic investor allotments, authorize name change documentation procedures, and reconstitute board committees.
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Datacipher Limited has informed BSE about an upcoming board meeting scheduled for January 30, 2026 at 10:00 A.M. to deliberate on several important matters, primarily focusing on equity share allotments following regulatory approvals. The company, formerly known as J.R. Foods Limited, operates under scrip code 530915 with ISIN INE989E01018.
Key Agenda Items for Board Meeting
The board meeting will address multiple significant matters related to the company's capital structure and organizational changes:
| Agenda Item | Details |
|---|---|
| Equity Allotment to Promoter | Approval for share allotment to Mr. Kotha Amarandhar Reddy |
| Subsidiary Shareholders | Share allotment to Datacipher Solutions Private Limited shareholders |
| Strategic Investment | Equity shares allotment to strategic investors |
| Administrative Authorization | Name change documentation with BSE/IT/GST departments |
| Committee Restructuring | Reconstitution of various board committees |
NCLT Approval Framework
The proposed equity share allotments are being conducted pursuant to the Hon'ble NCLT Chennai Bench order dated July 24, 2025. This regulatory approval provides the legal framework for the company to proceed with the planned share allotments to both individual promoters and shareholders of the subsidiary company.
Administrative and Governance Matters
Beyond the equity allotments, the board will authorize Mr. Rajesh Kumar Mallour, who serves as Director and CFO with DIN 08125774, to handle name change documentation with various regulatory bodies including BSE, IT department, and GST authorities. The meeting will also address the reconstitution of various board committees, indicating potential changes in the company's governance structure.
Meeting Structure and Additional Items
The board meeting includes provisions for considering additional matters with the permission of the chairperson and majority approval from board members present. This standard provision allows flexibility for addressing urgent or emerging business matters that may require immediate board attention during the scheduled meeting.
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