Sikozy Realtors Ltd — Updates, 23-06-2025: Company Update

Sikozy Realtors Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company’s draft scheme proposing a 90% reduction in paid-up equity share capital to write off accumulated losses was returned by BSE, citing non-applicability of a specific regulatory filing requirement due to a recent SEBI amendment. This means the reduction scheme, applied uniformly across shareholders, proceeds without that regulatory hurdle. This capital reduction aims to clean up the balance sheet, potentially improving financial health and future prospects for shareholders.