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Ideal Optics fixes record date for reduction of share capital

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Capital Market
Last Updated : Apr 05 2014 | 11:58 PM IST

On 26 April 2014

Ideal Optics has fixed 26 April 2014 as the record date for the purpose of reduction of paid up share capital of the company, pursuant to the Order received from Honourable High Court of Gujarat, Order dated 05 February 2014 approving the scheme of compromise / arrangement by way of reduction of share capital of the company, from Rs 4.54 crore divided in to 45,42,400 no. of equity shares of Rs 10 each to Rs 18.16 lakh divided in to 1,81,696 no. of equity shares of Rs 10 each by cancelling 43,60,704 no. of existing equity shares of Rs 10 each fully paid up.

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First Published: Apr 05 2014 | 8:09 PM IST

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