Boston Commerce Board Approves 95% Share Capital Reduction To Write Off Losses

Board approved a Scheme of Capital Reduction to cancel 66.52 lakh shares on a pro-rata basis, reducing paid-up capital from Rs 7.00 Cr to Rs 0.35 Cr to set off Rs 6.65 Cr of accumulated losses. Also appointed statutory auditor, secretarial auditor, internal auditor, and company secretary, and called EGM on 5th August 2026.