Pasupati Fincap Ltd — Important, 12-02-2026: Company Update
12-02-2026 | 04:50 pm
12-02-2026 | 04:50 pm
Pasupati Fincap Limited corrected previous figures related to its capital reduction scheme. The company will cancel 44,65,000 equity shares of ₹10 each pro-rata. This restructuring will reduce paid-up equity capital from ₹4.70 Cr to ₹0.235 Cr. The move aims to set off ₹4.465 Cr of accumulated losses from the total ₹5.35 Cr, thereby improving the company's net worth and presenting a clearer financial position. Shareholding percentages for existing shareholders will remain unchanged, simplifying the capital structure and enhancing financial ratios without impacting economic interest. No benefit accrues to promoters.
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