Rajeswari Infrastructure Sets Record Date October 01 for NCLT Resolution Plan

Record date set for October 01, 2026, to facilitate NCLT-mandated capital restructuring and new equity infusion.

Reader Takeaway: The new record date is essential for shareholders to understand pending capital reduction and equity dilution effects.

What just happened

Rajeswari Infrastructure Ltd has officially revised its Record Date to Thursday, October 01, 2026. This action follows guidance from the Bombay Stock Exchange received via email on September 21, 2026. The date is set to identify shareholders eligible for the corporate actions outlined in the Hon'ble NCLT Chennai order dated January 13, 2026.

Why this matters

The revision is a procedural requirement for executing the company’s approved resolution plan. Shareholders should be aware that this date marks the formal start of a significant restructuring process that will alter the company’s current share capital structure.

The resolution plan details

The plan involves major changes to the company's equity framework, specifically:

• Capital Restructuring: This includes the extinguishment, reduction, consolidation, and reconstitution of existing public share capital.
• Equity Infusion: The process paves the way for a fresh equity injection by the designated Resolution Applicant.

Risks to watch

Investors should be prepared for the impact of capital reduction and the dilution of existing stakes due to the influx of new equity. The consolidation of shares may change the holding quantity for retail investors, making it vital to check their demat accounts following the record date proceedings.

What to track next

Shareholders should monitor official updates from the company or the exchange regarding the specific ratio of consolidation and the timeline for when the new shares will be credited or adjusted in their portfolios.