Sikozy Realtors Ltd — Updates, 10-07-2025: Company Update

Sikozy Realtors Limited has announced a board meeting to consider a special resolution for a capital reduction scheme. The company plans to reduce its paid-up equity share capital from Rs. 4.46 Cr (4.45 Cr shares of Rs. 1 each) to Rs. 0.45 Cr (44.58 lakh shares of Rs. 1 each) by cancelling 4.01 Cr equity shares. This move aims to write off accumulated losses of Rs. 4.01 Cr out of total losses of Rs. 6.04 Cr, reflecting a more realistic financial position. The reduction will not affect creditors or the company’s ability to meet obligations and is intended to improve financial health and facilitate future fundraising. The scheme requires shareholder approval and NCLT confirmation, with no payout involved. Shareholding percentages will remain unchanged post-reduction. The company will continue under its existing name without adding “And Reduced.” Voting will be conducted via e-voting and virtual meeting.