Tridev InfraEstates
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Tridev Infraestates announced that the National Company Law Tribunal (NCLT), New Delhi, has confirmed its scheme of reduction of share capital through an order dated 30 June 2026. The scheme reduces the paid‑up value of each equity share from Rs.10 to Rs.5 and immediately consolidates every two Rs.5 shares into one Rs.10 share, effectively halving the number of outstanding shares from 6,525,400 to 3,262,700. The paid‑up capital will reduce from Rs.6.52 crore to Rs.3.26 crore, and the debit balance of the profit and loss account will be written off. The company sought the reduction to absorb accumulated losses and present a fairer balance‑sheet, citing negative reserves of Rs.3.83 crore. Both the Regional Director and SEBI filed no‑objection replies, and the scheme does not alter the proportionate ownership of existing shareholders except for the treatment of fractional entitlements.
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Tridev Infraestates announced that the National Company Law Tribunal (NCLT), New Delhi, has confirmed its scheme of reduction of share capital through an order dated 30 June 2026. The scheme reduces the paid‑up value of each equity share from Rs.10 to Rs.5 and immediately consolidates every two Rs.5 shares into one Rs.10 share, effectively halving the number of outstanding shares from 6,525,400 to 3,262,700. The paid‑up capital will reduce from Rs.6.52 crore to Rs.3.26 crore, and the debit balance of the profit and loss account will be written off. The company sought the reduction to absorb accumulated losses and present a fairer balance‑sheet, citing negative reserves of Rs.3.83 crore. Both the Regional Director and SEBI filed no‑objection replies, and the scheme does not alter the proportionate ownership of existing shareholders except for the treatment of fractional entitlements.
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What does Tridev InfraEstates do?
Ashutosh Paper Mills Ltd is a company operating in the paper industry.
Who are the competitors of Tridev InfraEstates?
Tridev InfraEstates major competitors are Coral Newsprints, Gujarat Winding Sys., Agio Paper & Indus., Gratex Industries, Shree Karthik Papers, Rama Paper Mills, Astron Paper & Board. Market Cap of Tridev InfraEstates is ₹4 Crs. While the median market cap of its peers are ₹8 Crs.
Is Tridev InfraEstates financially stable compared to its competitors?
Tridev InfraEstates seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Tridev InfraEstates pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Tridev InfraEstates latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Tridev InfraEstates allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Tridev InfraEstates balance sheet?
Balance sheet of Tridev InfraEstates is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Tridev InfraEstates improving?
The profit is oscillating. The profit of Tridev InfraEstates is ₹0 Crs for Mar 2025, ₹0.58 Crs for Mar 2024 and -₹2.06 Crs for Mar 2023
Is the debt of Tridev InfraEstates increasing or decreasing?
The net debt of Tridev InfraEstates is decreasing. Latest net debt of Tridev InfraEstates is -₹0.18 Crs as of Mar-26. This is less than Mar-25 when it was -₹0.01 Crs.
Is Tridev InfraEstates stock expensive?
Tridev InfraEstates is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Tridev InfraEstates is 1957, while 3 year average PE is 92.98. Also latest EV/EBITDA of Tridev InfraEstates is 0.0 while 3yr average is 8.51.
Has the share price of Tridev InfraEstates grown faster than its competition?
Tridev InfraEstates has given better returns compared to its competitors. Tridev InfraEstates has grown at ~35.22% over the last 7yrs while peers have grown at a median rate of 4.99%
Is the promoter bullish about Tridev InfraEstates?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Tridev InfraEstates is 11.96% and last quarter promoter holding is 11.96%.
Are mutual funds buying/selling Tridev InfraEstates?
There is Insufficient data to gauge this.