NCLT Confirms Share Capital Reduction for Tridev Infraestates

Tridev Infraestates Limited has received confirmation from the National Company Law Tribunal (NCLT), New Delhi Bench, for the reduction of its share capital. The order, dated June 30, 2026, approves a 50% reduction in the company's issued and paid-up share capital. Consequently, the paid-up value of each equity share will decrease from ₹10 to ₹5. Subsequently, every two equity shares of ₹5 each will be consolidated into one equity share of ₹10 each. This will reduce the total issued and paid-up equity share capital from ₹6,52,54,000 (65,25,400 shares of ₹10 each) to ₹3,26,27,000 (32,62,700 shares of ₹10 each). The NCLT's order is in accordance with Section 66 of the Companies Act, 2013.