Shree Securities Approves ₹78.204 Crore Capital Reduction Scheme

Board approved Scheme of Reduction and Consolidation: paid-up cut from 79.8 Cr Re1 shares to 1.6 Cr Re1 shares via cancellation of 78.2 Cr shares, then 10:1 consolidation to 15.96 lakh Rs10 shares. To set off accumulated losses, restore true balance sheet and enable equity/debt fundraise; applied pro-rata with no promoter benefit or shareholding change; needs shareholder and NCLT approval. Post-deal capital stays at Rs1.6 Cr in 15.96 lakh shares; timeline tied to NCLT/ROC process; board also proposed 49% FPI limit and set 33rd AGM for 29 Sep 2026 via VC.