Sikozy Realtors: 90% Capital Reduction Approved to Write Off Losses

Sikozy Realtors will reduce its paid-up equity capital by 90 percent after NCLT and ROC approved the scheme. Share count will drop from 4,45,83,000 to 44,58,300 shares of Re 1 each, cancelling 4,01,24,700 shares on the record date of July 22, 2026. The Rs 4.01 crore freed up will be set off against accumulated losses of Rs 6.03 crore. Shareholding percentages stay unchanged as the reduction is proportionate. No cash payout to shareholders.