Gold Coin Health Foods Ltd — Important, 11-12-2025: Company Update
11-12-2025 | 05:16 pm
11-12-2025 | 05:16 pm
Goldcoin Health Foods' Board approved a capital reduction and share consolidation scheme. The reduction involves decreasing the face value of shares to Rs 5 to offset accumulated losses, improving the balance sheet. Subsequently, two Rs 5 shares are consolidated into one Rs 10 share. This action simplifies the capital structure for future growth. Post-consolidation, the company's paid-up share capital remains at Rs 1.50 Crore, with total shares decreasing from 30,00,900 to 15,00,450. A small number of shareholders, holding single shares, will not receive new shares under the scheme.
No comments yet. Be the first to comment!
