ALPHA TRIBE

Sikozy Realtors LtdImportant, 19-06-2026: Company Update

19-06-2026 | 04:22 pm

Sikozy Realtors has received an order sanctioning its share capital reduction scheme. The plan involves reducing the paid-up equity from 4.46 Cr to 0.45 Cr by cancelling 4.01 Cr equity shares of Re. 1 each on a proportionate basis. This move aims to adjust accumulated losses, which stood at 6.04 Cr, and rationalize the company's capital structure. Shareholders will see no change in their percentage holdings, and no cash consideration is involved. This significant accounting adjustment helps clean up the balance sheet.

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