Diksat Transworld Withdraws Share Sub-division Record Date, Plans Fresh E-voting Resolution
Diksat Transworld Limited has withdrawn the previously announced record date for its equity share sub-division. The company now plans to pass a fresh resolution through an e-voting process to proceed with the share subdivision proposal. This decision was communicated to BSE Limited on August 26, signed by Mrs. Meenakshi Yadav, Whole Time Director of Diksat Transworld Limited.

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Diksat Transworld Limited, a company listed on the BSE, has announced a significant change in its plans for equity share sub-division. The company has decided to withdraw the previously announced record date for the share split and will instead pursue a fresh resolution through e-voting.
Withdrawal of Record Date
According to a communication sent to BSE Limited on August 26, Diksat Transworld has officially withdrawn the record date for the sub-division of equity shares that was originally announced on August 14. This decision marks a shift in the company's approach to implementing the share subdivision proposal.
New Approach: E-voting Resolution
In light of the withdrawal, Diksat Transworld has outlined its next steps. The company plans to pass a fresh resolution through an e-voting process to proceed with the share subdivision proposal. This move suggests that the company is seeking shareholder approval through a more inclusive digital voting mechanism.
Official Communication
The withdrawal notice was signed by Mrs. Meenakshi Yadav, Whole Time Director of Diksat Transworld Limited. In the official letter to BSE, Mrs. Yadav stated:
"We would like to withdraw the proposal for sub-division of shares of the company. We will pass a fresh resolution through evoting and make our proposal for subdivision of shares suitably."
Implications for Shareholders
This development is significant for Diksat Transworld's shareholders, as it delays the previously anticipated share sub-division. Investors should stay alert for further announcements regarding the new e-voting process and the revised proposal for share subdivision.
About Diksat Transworld Limited
Diksat Transworld Limited is listed on the BSE with the scrip code 540151. The company's registered office is located at 3, Deenadayalu Street, T.Nagar, Chennai - 600017. Shareholders and interested parties can find more information on the company's website at www.diksattransworldlimited.in .
Investors and stakeholders are advised to keep an eye on future communications from the company regarding the revised share subdivision process and the upcoming e-voting resolution.
Historical Stock Returns for Diksat Transworld
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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0.0% | 0.0% | +2.73% | -23.65% | -23.65% | +7.62% |