Ventura Textiles Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/12/2025 ,inter alia, to consider and approve Intimation of Board Meeting ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ventura Textiles has informed BSE that its Board of Directors will meet on 16th December 2025 to consider a proposal to reduce the company's paid-up share capital in order to eliminate accumulated losses to the extent possible. The Board will also approve convening an Extra Ordinary General Meeting (EOGM) of members to seek their approval for this move. This is a balance sheet clean-up exercise where the company aims to set off its accumulated losses against its share capital. The final proposal will require shareholder and statutory approvals before it can take effect. No specific quantum of reduction has been disclosed yet.
Share capital reduction to write off accumulated losses is typically a book-keeping exercise and does not change the underlying intrinsic value of the business, though it signals that the company carries significant accumulated losses. Existing shareholders should watch for the proposed reduction ratio and the EOGM outcome, as it will affect the share's face value and capital structure.