Allotment of Equity share pursuant to approved scheme of reduction of capital and subsequent consolidation in accordance with the approved scheme, to the members as on record date 27th November, 2025.
Awaiting price reaction for this filing.
Gold Coin Health Foods has allotted 15,00,450 equity shares of Rs. 10 each under an NCLT-approved scheme of capital reduction and subsequent share consolidation. The process first reduced the face value of each share from Rs. 10 to Rs. 5 (keeping share count at 30,00,900), then consolidated every 2 shares of Rs. 5 into 1 share of Rs. 10, halving the total share count while keeping total paid-up capital unchanged at Rs. 1,50,04,500. The reduction is aimed at writing off accumulated losses to strengthen the balance sheet, and 636 shareholders holding a single share will end up with zero shares after consolidation. The record date for eligibility was 27th November 2025.
Shareholders will hold half the number of shares at double the face value, so overall holding value stays the same, though liquidity may dip with fewer shares outstanding. The capital reduction helps the company clean up its balance sheet by absorbing past losses.