Intimation with respect to typographical errors observed in the outcome of the Board Meeting held on Monday, February 09, 2026.
Awaiting price reaction for this filing.
Pasupati Fincap Ltd has submitted a corrected version of Annexure-II to its earlier February 9, 2026 board meeting outcome, which announced a scheme of capital reduction. The company's paid-up equity capital will be reduced from ₹4,70,00,000 (47,00,000 shares of ₹10 each) to ₹23,50,000 (2,35,000 shares of ₹10 each) by cancelling 44,65,000 fully paid-up equity shares on a pro-rata basis. The cancellation is intended to set off ₹4,46,50,000 out of accumulated losses totaling ₹5,35,37,249.50, giving a cleaner view of the company's financial position. No consideration will be paid to shareholders for the cancelled shares, shareholding percentages of all existing shareholders will remain unchanged, and promoters/promoter group will receive no benefit from the restructuring.
This filing is a procedural correction to a prior announcement and does not alter the underlying capital reduction plan. For shareholders, the proportionate economic interest remains unchanged since the share cancellation is on a pro-rata basis with no cash payout, while the balance sheet will appear stronger due to the writing off of past accumulated losses.