BSESikozy Realtors LtdHighNeutral
Announced Fri, 3 Jul, 2026 · 14:53 IST
Share capital reduced by 90 percent to write off losses
Price reaction
Awaiting price reaction for this filing.
AI summary
NCLT Mumbai approved Sikozy Realtors' Scheme of Reduction of Share Capital. Paid-up equity capital will shrink from Rs 4.46 crore to Rs 44.58 lakh, a 90 percent cut. The Rs 4.01 crore freed up will write off accumulated losses and clean up the capital structure.
Likely market impact
Each shareholder ends up with 1 share for every 10 held. Cleanup of weak financials, balance sheet should be healthier.