Sikozy Realtors Ltd — Dividend/Bonus, 08-07-2026: Corp. Action
08-07-2026 | 05:15 pm
08-07-2026 | 05:15 pm
Sikozy Realtors' Board has confirmed a capital reduction plan to bolster its financial health. The company will reduce its equity share capital from Rs. 4.46 Cr to Rs. 0.45 Cr by canceling over 4.01 Cr shares. This strategic move aims to offset a substantial part of its accumulated losses, providing a clearer balance sheet and paving the way for future investments. Shareholders eligible for this reduction will be identified on the record date of July 22. Fractional shares will be aggregated and sold, with proceeds distributed proportionally. This restructuring seeks to enhance shareholder value and improve the company's financial outlook.
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