ATN International Limited Schedules EGM for Share Capital Reduction to Address Accumulated Losses
Published on: Feb. 12, 2026, 11:03 p.m. | Source: scanx.trade
ATN International Limited has scheduled an extraordinary general meeting for March 09, 2026, to approve a substantial share capital reduction. The company proposes to reduce its paid-up capital from Rs. 15,78,00,000 to Rs. 31,56,000 by cancelling 3,86,61,000 equity shares, representing a 98.00% reduction. This move aims to set off Rs. 15,46,44,000 against total accumulated losses of Rs. 23,49,82,000 as on September 30, 2025, requiring both shareholder approval and NCLT confirmation.
