Shares of Palred Technologies will be suspended from July 8 (i.e. closing hours of trading on July 7) on account of the scheme of reduction of capital. The company has fixed July 9 as record date for the purpose of reduction of 60 per cent paid-up equity share capital by returning ₹16.50 a share (including premium of ₹11.50) to shareholders. Some 17,300 retail shareholders hold 39.03 per cent stake in Palred Tech, which was earlier known as Four Soft.
What To Watch. Last day of trading for Palred Technologies
Published on
July 6, 2015 16:08
Tags