January 27, 2016

Central Province Railways Reduces Share Capital by 94 %

The Central Province Railways Company Limited

Probably the only listed Privately Owned Passenger Rail Company  still running ( Other Listed  Share is CONCOR - Container Corp. but this is a Govt. Company and in container and not passenger transport )



Central Province Railways have reduced their share capital by 94 % from Rs. 94 lakh to Rs. 5 Lakh 64,000 ( Share Rs. 10 Paid Up )  being set off against accumulated Loss of Rs.1 crore 44 lakh as on 31/03/2014.


With a Share Capital , now , of Rs. 5 Lakh 64,000 ( 56,400 shares of Rs. 10 each ) Central Province Railway , probably , has the Lowest Equity Capital among all Listed Companies.


General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )

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