Suryachakra Power: Capital Restructuring Update

Suryachakra Power Corporation Ltd has provided an update regarding its share capital reconciliation for the quarter ended September 30, 2026. Following liquidation proceedings initiated in September 2022 and subsequent sale as a going concern to Indo Aquatics Limited (assigned to Reddy Investments Pvt Ltd), the company is undergoing significant capital restructuring. Key approvals include the cancellation of existing equity share capital for promoters and a reduction for public shareholders, along with the allotment of new equity shares to the assignee. The company notes that the reconciliation report will be meaningful only after these capital restructuring exercises are updated.