Sikozy Realtors Completes Major Share Capital Reduction After ROC Registration
Sikozy Realtors Ltd has completed the reduction of its share capital, following the approval of the Scheme by the National Company Law Tribunal (NCLT) and subsequent registration by the Registrar of Companies (ROC). The company successfully registered the NCLT Order and associated minutes on July 2, 2026.The action concluded the scheme initially proposed under Section 66 of the Companies Act, 2013, which involved a significant reduction of the company’s paid-up equity share capital.
The National Company Law Tribunal (NCLT), Mumbai Bench, had approved the Scheme of Reduction of Share Capital vide its order dated June 18, 2026. The company filed the certified copy of this NCLT Order along with the Form of Minute approved by the Tribunal to the Registrar of Companies (ROC).
The ROC has registered the NCLT Order and the associated minutes, issuing the Certificate of Registration on July 2, 2026. This process confirms the structural changes to Sikozy Realtors Ltd's capital base.
Capital Structure Post-Reduction
The reduction scheme involved a proportionate write-off of accumulated losses by reducing 90% of the paid-up equity share capital. The total reduction amount was utilized towards adjusting these accumulated losses, thereby rationalizing the company’s capital structure.Key financial details regarding the reduction are presented below:
| Particulars | Before Reduction | After Reduction |
|---|---|---|
| Paid-up Equity Share Capital (Amount) | Re 4,45,83,000 | Re 44,58,300 |
| Total Shares of Equity | 4,45,83,000 | 44,58,300 |
| Unit Value per Share | Re 1 each | Re 1 each |
The reduction amount of Rs 4,01,24,700 was determined to be used for the adjustment of accumulated losses.
Stock Price Movement
Sikozy Realtors Ltd settled at ₹1.81 on Monday, registering no change for the day. Shares moved within a range established by an intraday low of ₹1.75 and a high of ₹1.81.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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