Corporate Actions & Capital Structure › Sub-category

Capital Reduction / Redemption / Conversion

17 articles
Several companies are reshaping their capital structures through reductions, amalgamations, and share splits, reflecting a broader trend toward operational simplification and enhanced liquidity. Kothari Petrochemicals is merging with Kothari Sugars, while Virgo Global and SPML Infra are pursuing share capital reductions to streamline their balance sheets. Simultaneously, Mangalam Worldwide is implementing a 10:1 stock split to broaden its investor base, and Indian Overseas Bank is formulating a capital plan to bolster its financial strength. These actions, alongside subsidiary mergers and fundraising initiatives by Sarveshwar Foods and PVV Infra, suggest a proactive approach to optimizing capital allocation and positioning for future growth amidst evolving market conditions.
Wherrelz EOGM Approves Share Capital Increase & Loan Conversion
Wherrelz IT Solutions held an EOGM on May 18, 2026, passing two special resolutions by shareholder vote. Resolution 1 approved increasing authorized share capital and altering the Memorandum of Associ
Wherrelz EOGM Approves Capital Increase, Preferential Shares
Wherrelz IT Solutions held an EOGM on May 18, 2026, to seek shareholder approval for two special resolutions. Shareholders approved increasing the company's authorized share capital and altering its M
Hinduja Leyland Finance Receives BSE Merger NOC
BSE issued a no-objection letter for Hinduja Leyland Finance's merger into NDL Ventures, valid for six months from May 18, 2026. The merger scheme requires further approvals from NCLT, shareholders, a
VSF Projects Board Meeting for FY26 Results, Capital Hike
VSF Projects Limited will hold a board meeting on May 25, 2026, to approve audited financial results for Q4 and FY ending March 31, 2026. The board will also consider and approve an increase in the co
RASI Electrodes Board Approves Land Sale for ₹285 Lakh
Board granted in-principle approval to sell surplus land in Tamil Nadu for an estimated ₹285 lakhs to unlock value. Approved conducting a postal ballot to seek shareholder approval via special resolut
Autoline Industries Wholly-Owned Subsidiary Amalgamation Scheme
Autoline Industries Limited proposes amalgamation of its wholly-owned subsidiary Autoline Design Software Limited into itself under Sections 230-232 of Companies Act 2013. The scheme involves transfer
KSE Limited FY26 Results: Final Dividend, MD Appointment
KSE Limited Board approved audited FY26 results, recommending a final dividend of ₹7.50 per share and appointing a new Managing Director. The company reported an annual net profit of ₹8,404.03 lakhs d
Organic Recycling Systems Board Meets May 22 for Preference Share Redemption
Organic Recycling Systems Ltd intimated BSE of its upcoming Board meeting scheduled for May 22, 2026. The Board will consider and approve the redemption of 0% Non-cumulative Redeemable Preference Shar
BGR Energy Board Meeting for FY26 Results
• BGR Energy board to meet on 25 May 2026 to approve audited standalone and consolidated FY26 results. • Board will also consider increasing the company's authorized share capital and altering its MoA
Kothari Petrochemicals Approves Kothari Sugars Amalgamation
Kothari Petrochemicals Board approved Scheme of Amalgamation for Kothari Sugars and Chemicals into itself. Share exchange ratio set at 1 KPL share for every 5 KSCL shares held, with no cash considerat
Sri Nachammai Cotton FY26 Net Loss ₹3.8 Cr
• Sri Nachammai Cotton Mills reported audited standalone financial results for Q4 and FY ended March 31, 2026, approved by the board on May 19, 2026. • The company posted a net loss of ₹5.07 crore for
NCLAT Dismisses Cardin Health Care Share Dilution Appeals
NCLAT dismisses appeals challenging NCLT order that allowed Cardin Health Care's EOGM for asset sale. Tribunal maintains status quo on company asset sales until final decision in oppression petition.
TCFC Finance Board Meeting May 25 for Results, Capital Reduction
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Suryalakshmi Cotton Mills Board Meeting Notice May 25
Board meeting scheduled for May 25, 2026 to approve audited financial results for Q4 and FY ending March 31, 2026. Agenda includes extension of redemption period for 5% Non-Cumulative and 10% Cumulati
Motilal Oswal Seeks Promoter Group Reclassification for 0.42% Stake
Motilal Oswal Financial Services submitted application to BSE and NSE for reclassification of 11 promoter group members to public category. The reclassification request covers 24,45,412 shares represe
Purple Finance Warrant Conversion & Promoter Reclassification
Purple Finance discloses reclassification of Balgopal Commercial Limited (55,000 shares) from non-promoter to promoter group in shareholding pattern. Intellect Money Finvest Private Limited converted
Pune E-Stock Broking Warrant Conversion Shareholding Update
• Pune E-Stock Broking discloses updated shareholding pattern under Reg. 30 of SEBI LODR, 2015 post warrant-to-equity conversion. • 1,00,000 warrants converted into equity shares at Rs. 171/- per shar