Record date is 29 July 2015
Axis Rail India announced that the Board of Directors of the Company at its meeting held on August 05, 2015, have taken on record the details of shareholders as on 29 July 2015 (being the Record date) for giving effect to the Reduction of paid-up share capital in terms of the Scheme of Arrangement duly approved by the Hon'ble High Court Judicature at Hyderabad for the States of Telengana and Andhra Pradesh and accordingly, authorized Ranjan Kapoor and Ravinder Kumar Batra to issue and sign the share certificates to the existing shareholders.Pursuant to the said reduction, share capital of the Company shall stand reduced to Rs. 1,09,77,250 comprising of 10,97,725 Equity Shares of face value of Rs. 10/- each.
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