BSESikozy Realtors LtdHighNeutral
Announced Wed, 8 Jul · 17:09 IST
Sikozy Realtors 90 percent capital reduction approved, record date July 22
Corporate Actions View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Board approved 90 percent reduction of equity share capital, cancelling 4.01 crore shares of Re 1 each (from 4.46 crore to 44.58 lakh shares) to set off about Rs 4.01 crore of accumulated losses out of total Rs 6.04 crore. NCLT and ROC approvals obtained. Record date is July 22, 2026. Shareholders keep same ownership percentage but share count drops to 10 percent.
Likely market impact
Shareholders will hold only 10 percent of previous share count from record date July 22. Same ownership percentage but quantity drops sharply. No cash payout.