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- The Board of Directors of the Company have allotted 56400 equity shares of Rs. 10/- each to the existing equity shareholders of the Company held as on record date of the Company pursuant to the Order of the Hon`ble High Court of Judicature of Bombay dated 08 May 2015 approving the Reduction of Share Capital of THE CENTRAL PROVINCE RAILWAYS COMPANY under section 100 to 104 of Companies Act, 1956.
Accordingly after reduction the shareholders of the Company holding 100 equity shares of Rs. 10/- each as on the record date, will receive 6 equity shares of Rs. 10/- each post the capital reduction.
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