Gold Coin Health Foods Limited has announced a significant corporate action, setting the stage for a share capital reduction scheme. The company has fixed November 25, 2025, as the record date to determine eligible shareholders for equity share allotment under this approved scheme.

Key Details of the Share Capital Reduction Scheme

The share capital reduction scheme, which has been sanctioned by the National Company Law Tribunal (NCLT) Ahmedabad Bench, marks a significant development for the company and its shareholders. This move could potentially impact the company's capital structure and shareholding pattern.

Implications for Shareholders

Shareholders of Gold Coin Health Foods Limited should take note of the record date, as it will determine their eligibility for the allotment of equity shares under this scheme. The company plans to list the new equity shares on BSE Limited, subject to necessary regulatory approvals.

Regulatory Compliance

The implementation of this share capital reduction scheme demonstrates Gold Coin Health Foods Limited's commitment to regulatory compliance. The company has followed due process, including obtaining NCLT approval and setting a clear record date for shareholder determination.

As the process unfolds, shareholders and potential investors should stay informed about any further announcements from the company regarding the implementation of this scheme and the subsequent listing of new equity shares.

Gold Coin Health Foods Limited, a company specializing in bakery and confectionery products, has received approval from the National Company Law Tribunal (NCLT) Ahmedabad Bench for its share capital reduction plan. This strategic move aims to improve the company's financial position by writing off accumulated losses.

Key Details of the Capital Reduction

• Reduction Amount: The company's share capital will be reduced from Rs. 3,00,09,000 to Rs. 1,50,04,500.
• Share Value Change: The face value of each share will be reduced from Rs. 10.00 to Rs. 5.00.
• Total Shares: The number of equity shares will remain unchanged at 30,00,900.
• Purpose: To write off accumulated losses of Rs. 1,50,04,500.

Shareholder Approval and NCLT Order

The special resolution for capital reduction was passed unanimously by shareholders representing 99.59% of the paid-up capital. The NCLT order noted that:

• No pending proceedings exist against the company.
• The reduction does not involve cash outflow.
• There will be no change in the shareholding structure.

Financial Impact and Compliance

The reduction aims to improve Gold Coin Health Foods' financial position without affecting its operations or ownership structure. The company must:

• Publish the NCLT order in national and Gujarati newspapers within 14 days.
• Pay Rs. 10,000 as costs to the Regional Director.

Next Steps

Gold Coin Health Foods is required to deliver a certified copy of the NCLT order to the Registrar of Companies within 30 days. The company has already submitted the order to the BSE Limited, in compliance with SEBI regulations.

This capital reduction strategy is expected to help Gold Coin Health Foods streamline its balance sheet and potentially improve its market perception. Investors and stakeholders should note that while this move addresses past losses, it does not directly impact the company's future operational performance or growth prospects.