Aditya Ispat Approves ₹5.08 Crore Capital Reduction Scheme

Board approved scheme for reduction of capital via pro-rata cancellation of 50,82,500 shares of Rs10 each, cutting paid-up capital from Rs 5.35 Cr to Rs 26.75 lakh. Aimed to set off Rs 5.08 Cr accumulated losses to reflect true financial position; no payout to shareholders, relative holdings unchanged; needs shareholder, NCLT and regulatory approvals. Also approved 35th AGM on 30 Sept 2026, re-appointment of Sushila Kabra and 3-year Whole-Time role for Vemula Jalaprasad; scheme filing and voting details awaited.