BSESikozy Realtors LtdHighPositive
Announced Fri, 3 Jul · 14:55 IST
NCLT approves 90 percent reduction of share capital for Sikozy Realtors
Regulatory & Legal View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
NCLT Mumbai approved Sikozy Realtors' Scheme of Reduction of Share Capital on 18 June 2026, and the ROC registered the order on 2 July 2026. The company will cut its paid-up equity capital by 90 percent, from Rs 4,45,83,000 (4,45,83,000 shares of Re 1) to Rs 44,58,300 (44,58,300 shares of Re 1). The Rs 4,01,24,700 reduction will be used to write off accumulated losses and rationalise the capital structure.
Likely market impact
Shareholders lose 90 percent of share count to write off accumulated losses. No cash payout. Stock price likely to adjust down proportionally.