Infotrek Syscom Updates on Capital Reduction

Infotrek Syscom Ltd has announced that necessary formalities for the reduction of capital has been completed; the Company has received an order from the High Court of Bombay in this regard.

Further the Company has informed that it has also filed Form No. 21 with the Registrar of Companies for giving effect to the above change.

With the above compliance, formalities relating to the reduction of paid up capital by 500,000 Equity Shares of Rs. 10 each allotted to M/s. Aastha Fiscal & Trading Pvt Ltd get completed. With the reduction of the above shares, Listed Capital of the Company now stands equal to the Issued capital of the company.

The stock closed the day at Rs.33.45, up by Rs.1.15 or 3.56%. The stock hit an intraday high of Rs.33.70 and low of Rs.31.35.

The total traded quantity was 1084 compared to 2 week average of 4004.

Source : Equity Bulls

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