NCLT Approves Beeyu Overseas Share Capital Reduction

Beeyu Overseas Limited has received approval from the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench, for the reduction of its share capital. The reduction, sanctioned under Section 66 of the Companies Act, 2013, will decrease the issued, subscribed, and paid-up equity share capital from INR 14,14,14,530 (1,41,41,453 shares of INR 10 each) to INR 8,28,200 (82,820 shares of INR 10 each). This adjustment involves the cancellation and extinguishment of 1,40,58,633 equity shares to account for accumulated losses. The company will proceed with the necessary statutory and corporate formalities to implement this reduction. The NCLT order was dated 1 October 2026.