Gold Coin Health Foods Ltd — Important, 07-11-2025: Company Update
07-11-2025 | 11:11 am
07-11-2025 | 11:11 am
Goldcoin Health Foods announced NCLT approval for its share capital reduction scheme. The company will reduce its paid-up share capital from 3.00 Cr to 1.50 Cr by cutting the face value of shares from Rs. 10 to Rs. 5, followed by a consolidation. This action is designed to eliminate accumulated losses and simplify the capital structure. Shareholders' ownership percentage and the company's net worth, which stands at 1.01 Cr, remain unchanged. This strategic move aims for long-term operational efficiency. Creditor interests are not affected by this reduction.
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