Comments
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.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.