Corporate Actions & Capital Structure › Sub-category
Capital Reduction / Redemption / Conversion
18 articles
Capital structure adjustments are prevalent across Indian companies, reflecting varied strategic objectives and shareholder actions. Several firms, including Hittco Tools, Amalgamated Electricity, and Viji Finance, have sought or received shareholder approval for increasing authorized share capital, often alongside other corporate actions like board reappointments or preferential equity issuances. Motherson Technology Services is undergoing a significant capital reduction as NCLT approved its petition, paving the way for Samvardhana Motherson to become the sole owner. These moves, alongside bonus share issuances by Kahan Packaging and promoter reclassifications at Greenpanel Industries and Fusion Finance, highlight ongoing efforts to optimize capital bases and governance structures, potentially impacting investor ownership and control dynamics.
L.T. Elevator AGM Approves Ricardo Acquisition via Share Swap
L.T. Elevator Limited convenes its 18th Annual General Meeting on September 09, 2026, to seek shareholder approval for key resolutions.
Proposes acquisition of Ricardo Elevators Private Limited via pr
Swiggy 13th AGM Approves All Seven Resolutions
Swiggy Limited held its 13th Annual General Meeting on August 18, 2026, via video conference to transact business from the notice dated July 23, 2026.
Shareholders passed all seven proposed resolution
Oxford Industries Capital Reduction Amid BSE Suspension
Oxford Industries proposes 99% capital reduction to write off ₹11.71 crore accumulated losses against share capital and reserves.
Company faces ongoing BSE suspension since 2020 with ₹46.79 lakh fines
Indobell Board Approves AGM Date, Capital Hike
Indobell Insulations schedules board meeting for August 21, 2026, to decide key corporate matters.
Board to consider increasing authorised capital from ₹7 crore to ₹15 crore, a 114% rise.
Agenda inclu
Motherson Technology Services NCLT Approves Capital Reduction
NCLT Mumbai approved Motherson Technology Services' capital reduction, cancelling 7.86 million shares held by minority shareholders.
Minority shareholders will receive ₹42.66 per share payout, totalin
GTV Engineering Proposes 2:1 Bonus Share Issue
GTV Engineering Limited seeks shareholder approval via postal ballot for a 2:1 bonus share issue, capitalizing up to ₹20.32 crore from reserves.
The company proposes to increase its authorized share c
Sammaan Capital Completes $18M Bond Tender Offer
Sammaan Capital Limited announced completion of its $18 million cash tender offer for 9.70% Senior Secured Social Bonds due 2027.
The company paid $18.79 million total consideration, comprising $1,035
Cistro Telelink 34th AGM Notice and Capital Reduction
Cistro Telelink Limited will hold its 34th Annual General Meeting on September 11, 2026 via video conferencing to adopt financial statements and consider special business.
The company reported a net l
Kome-On Communication AGM Notice September 2026
Kome-On Communication schedules 33rd AGM for September 10, 2026 via video conference to approve annual accounts and director reappointment.
Company proposes to increase authorized share capital from ₹
JOJO Limited Board Approves 1:1 Bonus Issue
Board approved 1:1 bonus share issue subject to shareholder approval at AGM.
Authorized share capital increased from ₹38 crore to ₹70 crore via postal ballot.
30th AGM scheduled for September 18, 2026
Hittco Tools Share Capital Increase Approved via Postal Ballot
Hittco Tools Limited discloses results of postal ballot for special resolution to increase authorized share capital.
Resolution passed with 99.98% approval from shareholders voting via remote e-voting
Ambo Agritec Board Approves MoA Alteration, MD Reappointment
Board approved alteration of Memorandum of Association to expand business objects into electronics, franchising, beverages, and contract manufacturing.
Confirmed 43rd Annual General Meeting will be he
Nitin Fire Q1 Standalone Loss ₹128.80 Lakh
• Board approved Q1 June 2026 unaudited standalone loss of ₹128.80 lakh and consolidated loss of ₹134.91 lakh.
• Reappointed M/s. Tolia & Associates as statutory auditors for FY2026-27 to FY2028-29.
•
BMW Industries Q1 Net Profit Declines 59% YoY
BMW Industries reported Q1 FY27 standalone net profit of ₹19.24 crore, down 59% from the previous quarter's ₹46.83 crore.
The Board approved continuation of director Joginder Pal Dua beyond age 75 and
Exato Technologies Q1 Net Profit at ₹5.37 Cr
Board approved Q1 FY27 unaudited standalone net profit of ₹5.37 crore and consolidated net profit of ₹5.64 crore.
Approved capital reduction of Australian subsidiary Exato Technologies Pty. Ltd. from
Greenpanel Industries Seeks Promoter Reclassification Approval
Greenpanel Industries applied to NSE and BSE for reclassifying eight promoter group entities to public shareholders.
All eight entities currently hold zero equity shares in the company, representing 0
Fusion Finance Promoter Reclassification Postal Ballot
Fusion Finance Limited seeks shareholder approval via postal ballot to reclassify Mr. Devesh Sachdev and 20 related promoter group entities to public shareholders.
The reclassification involves 28.67
GNG Electronics Promoter Sells 3.94% for MPS Compliance
Promoter Vidhi S Khandelwal sold 44.87 lakh shares (3.94%) of GNG Electronics on June 11, 2026.
Promoter group holding reduced from 78.71% to 74.77%, achieving minimum public shareholding compliance.