Sikozy Realtors Ltd — Important, 19-06-2026: Company Update
19-06-2026 | 04:27 pm
19-06-2026 | 04:27 pm
Sikozy Realtors has received an NCLT order approving its scheme for reducing share capital. This move aims to adjust accumulated losses and rationalize the capital structure. The paid-up equity capital will decrease from Rs. 4.46 Crore (4,45,83,000 shares) to Rs. 0.45 Crore (44,58,300 shares) by cancelling 4.01 Crore equity shares proportionately. This reduction of Rs. 4.01 Crore will offset part of the accumulated losses of Rs. 6.04 Crore. Shareholders will see no change in their percentage holdings, and no cash consideration is involved. The scheme becomes effective upon regulatory filing.
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