On April 24, 2025, CP Capital Limited (formerly known as Career Point Limited) disclosed a significant update regarding its Composite Scheme of Arrangement with CP Edutech and Srajan Capital Limited. The Company confirmed the Record Date for determining the equity shareholders of CP Capital Limited entitled to receive equity shares of CP Edutech.

As per the approved scheme, shareholders of CP Capital will receive one fully paid-up equity share of CP Edutech for every one fully paid-up equity share of CP Capital. This exchange is in accordance with the terms laid out in the scheme and is part of the corporate restructuring between the companies involved.

The Company has set Friday, May 9, 2025, as the specified date or Record Date to determine the shareholders eligible to receive the resulting new equity shares of CP Edutech. The announcement also refers to the disclosure made by CP Edutech regarding the same, confirming the timetable and processes for affected shareholders. This action is in line with the regulations stipulated by the Securities and Exchange Board of India (SEBI) under the Listing Obligations and Disclosure Requirements.

Additionally, the notice also states that the resolution received approval from the Board of Directors of CP Capital at its meeting held on April 24, 2025, marking an important milestone in the restructuring process. The Company has requested the disclosure be forwarded to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) as per the applicable listing regulations.

This scheme is part of CP Capital’s strategic efforts to streamline operations and enhance shareholder value, and it has been structured carefully to ensure full compliance with SEBI’s regulatory framework.

The move is expected to have significant implications for shareholder entitlements and the future corporate structure of both CP Capital and CP Edutech. Investors and shareholders are encouraged to keep track of the Record Date for further instructions and the allocation process.

For more information, stakeholders can reach out to CP Capital or visit their official website for further details.

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