Description

Capital reduction through face value reduction from Rs.10 to Rs.5 followed by consolidation of 2 shares of Rs.5 into 1 share of Rs.10, with record date November 27, 2025.

Summary

GOLD COIN HEALTH FOODS LTD (Scrip Code: 538542) will undergo capital reduction in two stages as approved by the Hon’ble National Company Law Tribunal, Ahmedabad Division Bench. Stage 1 reduces face value from Rs.10 to Rs.5 per share, followed by Stage 2 consolidating 2 equity shares of Rs.5 each into 1 equity share of Rs.10 each. The record date is November 27, 2025, with trading suspension effective from the same date.

Key Points

  • Two-stage capital reduction process approved by NCLT Ahmedabad
  • Stage 1: Face value reduction from Rs.10 per share to Rs.5 per share
  • Stage 2: Consolidation of 2 shares of Rs.5 each into 1 share of Rs.10 each
  • Post-consolidation: Total shares reduced from 30,00,900 to 15,00,450 equity shares
  • Total paid-up capital remains Rs.1,50,04,500 before and after consolidation
  • Shareholding proportions remain consistent for all shareholders
  • No fractional shares will be issued; shares rounded off accordingly
  • Conversion ratio: 2 shares of Rs.5 each for every 1 share of Rs.10 each

Regulatory Changes

This corporate action has been approved by the Hon’ble National Company Law Tribunal, Ahmedabad Division Bench under the provisions governing capital reduction schemes. Trading members are prohibited from dealing in the equity shares of the company with effect from November 27, 2025.

Compliance Requirements

  • Trading members must not deal in equity shares of GOLD COIN HEALTH FOODS LTD from November 27, 2025
  • Settlement Number: DR-765/2025-2026
  • Trading members must note the suspension and adjust their trading systems accordingly
  • Shareholders holding equity shares must be aware of the consolidation affecting their holdings

Important Dates

  • Record Date: November 27, 2025
  • No Dealings/Suspension effective from: November 27, 2025
  • Settlement Number: DR-765/2025-2026
  • Notice Date: November 25, 2025

Impact Assessment

Impact on Shareholders: Shareholders holding 2 equity shares of Rs.5 each will receive 1 equity share of Rs.10 each. While the total number of shares will be reduced by half (from 30,00,900 to 15,00,450), the proportionate ownership and total paid-up capital value remains unchanged at Rs.1,50,04,500.

Impact on Trading: Trading in the scrip will be suspended from November 27, 2025 to facilitate the capital restructuring process. This will affect liquidity temporarily.

Impact on Market: This is a neutral corporate action from a value perspective as shareholding proportions remain consistent. However, the consolidation may affect odd-lot holders due to rounding off of fractional shares. The reduction in total share count may impact liquidity post-resumption of trading.

Impact Justification

Major corporate action involving capital restructuring approved by NCLT that directly impacts all shareholders through share consolidation and trading suspension