Hot Deals:

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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
Binani Industries Limited	BINANIIND	Diversified	1.50
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	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 Plant	Tea, Coffee & Plantation	10.00
Minosha India Limited	MINOSHA	Other	282.00
SM Dyechem Limited	SM Dyechem	Dyes & Pigment	0.10
Yokogawa India Limited	YOKOGAWA	Electric Equipment	923.20

Reduction of Share Capital

Overview