Sikozy Realtors: NCLT Approves Share Capital Reduction

Sikozy Realtors Ltd announced that the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, has approved its proposed Scheme of Reduction of Share Capital. The company has filed the certified NCLT order and the approved Form of Minute with the Registrar of Companies (ROC), who has issued a Certificate of Registration. This reduction will decrease the paid-up equity share capital from ₹4,45,83,000 to ₹44,58,300, with the reduction amount of ₹4,01,24,700 being utilized to adjust accumulated losses and rationalize the capital structure.