Record Date for Capital Reduction Revised From 16 October 2026 to 26 October 2026
Ashapura Intimates Fashion Ltd has informed the exchanges that the Record Date for its capital reduction has been revised.
By ScoutQuest · · 2 min read
- Earlier Record Date
- 16th October, 2026
- Revised Record Date
- 26th October, 2026 (Monday)
- Purpose
- Capital Reduction as per the NCLT Order, under Regulation 42 (2) of SEBI (LODR) Regulations, 2015
What the company told the exchanges
Ashapura Intimates Fashion Limited has informed BSE Limited and the National Stock Exchange of India Limited that it has revised the Record Date it had earlier fixed.
- Earlier intimation: dated 12th October, 2026, in which 16th October, 2026 was fixed as the Record Date.
- Revised Record Date: 26th October, 2026 (Monday).
- Purpose: Capital Reduction as per the NCLT Order.
- Regulation cited for the record date: Regulation 42 (2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The letter is signed by Nikunj Shah, Managing Director of the company.
What a record date means
A record date is the cut-off date on which the company looks at its register of members to decide who is treated as a shareholder for a particular corporate action. Only those recorded as shareholders on that date are treated as eligible under that action.
Here, the record date has not been dropped; it has been moved later, from 16th October, 2026 to 26th October, 2026, while the stated purpose remains capital reduction as per the NCLT Order.
Why the words "capital reduction" are significant
Reduction of share capital is a corporate action that changes a company's share capital. The update links this record date to a capital reduction carried out as per an order of the National Company Law Tribunal (NCLT). A record date fixed for this purpose is the date used to determine which shareholders are covered by that action.
Points a shareholder may want to note
- The new cut-off date is 26th October, 2026.
- The reason given for the record date is the capital reduction as per the NCLT Order.
- This intimation is about the change in the record date; the action it relates to is the capital reduction as per the NCLT Order.
- Any further updates connected with the capital reduction would come through separate exchange intimations.
Also from Ashapura Intimates Fashion
Board meeting on 28 October to consider allotment of shares upon reduction of share capital
23 Oct 2026
Record Date Fixed at 16.10.2026 for Capital Reduction as per NCLT Order
12 Oct 2026
Board approves 16 October 2026 record date for capital reduction under NCLT order
12 Oct 2026
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