Sikozy Realtors: Share Capital Reduction Approved by NCLT

Sikozy Realtors Ltd announced that its Board of Directors has approved the Scheme of Arrangement for the Reduction of Equity Share Capital, following the Hon'ble NCLT's order dated June 18, 2026. The company's issued, subscribed, and paid-up equity share capital will be reduced from Rs. 4,45,83,000 to Rs. 44,58,300 by cancelling 4,01,24,700 equity shares. This reduction aims to offset accumulated losses amounting to Rs. 4,01,24,700. The Registrar of Companies (ROC) has registered the NCLT order and minutes. A record date of July 22, 2026, has been fixed for this corporate action. Fractional shares will be consolidated and sold, with proceeds distributed to shareholders.