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Unimode Overseas fixes record date for reduction of equity share capital

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Capital Market
Last Updated : Jun 09 2017 | 12:01 AM IST

Record date is 22 June 2017

Unimode Overseas announced that for giving effect to the Reduction of Paid-up Share Capital of the Company, duly approved by Principal Bench National Company Law Tribunal at New Delhi, the Company has fixed Thursday, 22 June 2017 as the Record Date.

Accordingly, with effect from the record date, the existing issued, subscribed and fully paid-up equity share capital of the Company shall be reduced to the extent of 90%. Consequently, pursuant to reduction, the Paid-up Equity Share Capital shall stand reduced to Rs. 50,10,507/- (comprising of 50,10,507 Equity Shares of face value of Rs. 1/- each).

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First Published: Jun 08 2017 | 1:51 PM IST

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