Kedia Construction Company Ltd
📢 Kedia Construction Announces Capital Restructuring & Amalgamation – Key Updates
- Record date set for 15th June 2026 for capital reduction.
- Equity share capital drops from ₹1,50,00,000 (30 lakh shares at ₹5 each) to ₹30,00,000 (30 lakh shares at ₹1 each).
- Shareholders receive adjusted shares automatically; no payment required.
- Public shareholding stays above 5% post-reduction.
- Swap ratio for amalgamation: 38 KCCL shares (₹1) for every 100 Kirti Investments shares (₹5).
- Scheme aims to enhance operational efficiencies without affecting liquidity.
- No regulatory objections received.
- Kirti Investments' authorized capital: ₹11,10,00,000.
- KCCL’s authorized capital: ₹1,50,00,000 (pre-reduction).