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Svarnim Trade Udyog's Board has approved a scheme to reduce its equity share capital, aiming to clean up the balance sheet by writing off accumulated losses totaling approximately 2.41 Cr. This financial restructuring will exchange 1 new equity share (face value Rs.10) for every 100 existing shares (face value Rs.10). The move is designed to present a truer financial picture and enhance shareholder value, without impacting creditors or involving any cash payout to shareholders. The scheme awaits shareholder and NCLT approval.