Sikozy Realtors fixes record date for 90 percent capital reduction

Sikozy Realtors has fixed July 22, 2026 as the record date for a 90 percent reduction of equity share capital. The NCLT has approved the scheme and the ROC has registered the order. Paid-up capital will shrink from Rs 4.45 crore (4.45 crore shares) to Rs 44.58 lakh (44.58 lakh shares), cancelling 4.01 crore shares. The reduction writes off Rs 4.01 crore of accumulated losses out of total losses of Rs 6.04 crore. Shareholding percentages remain unchanged as reduction is proportionate across all shareholders.