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Saptak Chem And Business LtdImportant, 16-09-2025: Company Update

16-09-2025 | 06:27 pm

Saptak Chem and Business Limited's equity shares are now trading on the Exchange. This follows a significant capital restructuring where the company reduced its equity share capital by 90% to write off approximately 9.66 Cr in accumulated losses. Consequently, the company's total paid-up capital decreased from 10.73 Cr, representing 1,07,32,272 shares, to 1.07 Cr, representing 10,73,227 shares. This strategic move clarifies the balance sheet, addressing past losses and setting the stage for cleaner financial reporting and operations moving forward.

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