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Overview

Reduction of share capital simply means a reduction of issued, subscribed, and paid-up share capital of the company. A company can reduce its share capital, by making payments to shareholders at the Fair Value of Companies shares. Capital reductions of Shares are mostly done through share cancellations, paid-back capital, or share repurchases (buybacks and exit offers). Reduction of share capital is used to make the capital structure more efficient & easier. The capital reduction can be used to distribute surplus cash, reserves & dividends to shareholders. A company must comply with rules & regulations and must obtain Regulator's & Legal authority’s approvals, before reducing share capital.

Many Unlisted and Delisted companies opted for a reduction of share capital in India. Details of some companies where shares of Minority shareholders were canceled or reduced are as under.

Company Name	Scrip Name	Sector	Last Traded Price (LTP)
Ahlcon Parenterals India Limited	Ahlcon Parenterals	Pharma	0.10
Atlas Copco India Private Limited	Atlas Copco	Equipment	10,000.00
Claris Life Sciences Limited	Claris Life Sciences	Pharma	1.00
Epiroc Mining India Limited	EPIROC	Transport	1,224.00
Fairfield Atlas Limited	FAIRFIELD	Auto Components	275.00
Healthcaps India Limited	Healthcaps India	Healthcare	230.00
Infinite Computer Solutions India Limited	Infinite Computer	IT, Software	405.00
Kitply Industries Limited	KITPLYIND	FMCG	0.02
Manjushree Plantations Limited	Manjushree Plantations	Tea, Coffee & Plantation	10.00
Minosha India Limited	MINOSHA	Other	282.00
Panasonic AVC Networks India Company Limited	Panasonic AVC	Other	29.00
Reliance Retail Limited	RRL	Retail	1,275.00
SM Dyechem Limited	SM Dyechem	Dyes & Pigment	0.10
Tulya Alloy Castings Limited	Tulya Alloy	Metal, Steel & Iron	10.01
Xerox India Limited	XEROX	Office Automation	74.10
Yokogawa India Limited	YOKOGAWA	Electric Equipment	923.20

Reduction of Share Capital

Overview

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