Gold Coin Health Foods Reports Q2 FY2026 Loss, Receives NCLT Approval for Share Capital Reduction

Gold Coin Health Foods Limited has reported its financial results for the second quarter ended September 30, 2025, revealing a net loss and providing updates on its share capital reduction scheme.

Financial Performance

The company reported a net loss of Rs 3.50 lakh for Q2 FY2026, compared to a profit of Rs 5.10 lakh in the previous quarter. For the half-year ended September 30, 2025, the company's loss stood at Rs 2.66 lakh, compared to a loss of Rs 10.74 lakh in the corresponding period last year.

Key financial highlights for Q2 FY2026:

Particulars	Q2 FY2026	Q1 FY2026	Q2 FY2025
Revenue from Operations (Rs lakh)	2.14	1.92	1.56
Total Income (Rs lakh)	2.44	14.25	1.56
Total Expenses (Rs lakh)	4.87	9.15	10.66
Net Profit/(Loss) (Rs lakh)	(3.50)	5.10	(9.09)
EPS (Basic & Diluted) (Rs)	(0.03)	0.12	(0.30)

Share Capital Reduction Scheme

Gold Coin Health Foods Limited received approval from the National Company Law Tribunal (NCLT) on October 31, 2025, for its share capital reduction scheme. This scheme was previously approved by shareholders in an extraordinary general meeting held on March 27, 2025.

Cash Position

As of September 30, 2025, the company's cash and cash equivalents stood at Rs 48.51 lakh, slightly down from Rs 48.70 lakh at the beginning of the period.

Capital Structure

The company's paid-up equity share capital remains unchanged at Rs 300.09 lakh, with a face value of Rs 10 per share.

Auditor's Review

VSSB & Associates, Chartered Accountants, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial results have not been prepared in accordance with applicable accounting standards and generally accepted accounting principles.

While the company has secured NCLT approval for its share capital reduction scheme, it continues to face challenges in achieving profitability. The management may need to focus on revenue growth and cost optimization strategies to improve its financial performance in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.44%	+0.71%	-11.56%	+11.22%	-1.13%	+175.36%

Gold Coin Health Foods Limited, a company listed on the Bombay Stock Exchange (BSE), has received approval from the National Company Law Tribunal (NCLT) Ahmedabad Bench for a significant restructuring of its share capital. The move aims to improve the company's financial position by writing off accumulated losses.

Key Details of the Capital Reduction Scheme

The NCLT has approved the following changes to Gold Coin Health Foods' share capital structure:

Aspect	Pre-Reduction	Post-Reduction
Face Value per Share	Rs. 10.00	Rs. 5.00
Number of Equity Shares	30,00,900	30,00,900
Paid-up Capital	Rs. 3,00,09,000.00	Rs. 1,50,04,500.00

The reduction in share capital will be used to write off accumulated losses of Rs. 1,50,04,500.00, effectively improving the company's balance sheet without any cash outflow.

Shareholder Approval and Voting

The scheme received strong support from shareholders:

99.59% of votes cast were in favor of the reduction
Promoters, holding 39.31% of shares, voted unanimously for the scheme
Public shareholders, owning 60.69%, also showed significant support

Impact on Shareholding Pattern

The capital reduction does not alter the existing shareholding pattern:

Category	Pre-Reduction	Post-Reduction
Promoter	39.31%	39.31%
Public	60.69%	60.69%

Additional Consolidation Step

Following the initial reduction, the company plans to consolidate its shares:

Two shares of Rs. 5.00 each will be consolidated into one share of Rs. 10.00
This will result in 15,00,450 equity shares of Rs. 10.00 each
The total paid-up capital will remain at Rs. 1,50,04,500.00

Financial Impact and Creditor Protection

The reduction in share capital is designed to have no adverse effect on creditors or the company's ability to meet its financial obligations. The net worth of the company will remain unchanged at Rs. 1,00,58,900.00 post-reduction.

Regulatory Compliance

The company has adhered to the necessary regulatory requirements:

Compliance with Section 66 of the Companies Act, 2013
Adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations
Filing of the scheme with the Bombay Stock Exchange (BSE)

Next Steps

Gold Coin Health Foods is required to:

Publish the NCLT order in national and local newspapers within 14 days
File a certified copy of the order with the Registrar of Companies within 30 days
Pay Rs. 10,000.00 as costs to the Regional Director for legal expenses

This capital reduction strategy demonstrates Gold Coin Health Foods' proactive approach to addressing its financial structure and may position the company for improved financial reporting in the future.