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The National Company Law Tribunal (NCLT) has approved a significant reduction in the share capital of a company, as detailed in an order signed October 1, 2026. The company, seeking to address accumulated losses and restructure its equity, initially had an equity share capital of INR 14,14,14,530, which will now be reduced to INR 8,28,200, effectively canceling 99.42% of its shares. The reduction was approved by shareholders via a special resolution on September 20, 2024, and follows a review by the Regional Director of the Ministry of Corporate Affairs. The company must now obtain a certificate of registration from the Registrar of Companies within 30 days and publish a notice in both the `Financial Express` and `Aajkal` newspapers. The NCLT’s approval does not preclude scrutiny from Income Tax Authorities regarding potential tax implications and does not grant any exemptions from stamp duty or other charges.

Beeyu Overseas Limited will hold its 33rd Annual General Meeting on September 23, 2026, at 1:00 P.M. (IST) via video conferencing or other audio-visual means, according to a regulatory filing with the BSE Limited. The company’s register of members and share transfer books will be closed from September 22, 2026, to September 23, 2026, and shareholders holding shares as of September 16, 2026, can vote via remote e-voting from September 20, 2026, at 9:00 a.m. to September 22, 2026, at 5:00 p.m.

Net Loss of Beeyu Overseas reported to Rs 0.02 crore in the quarter ended June 2026 as against net loss of Rs 0.04 crore during the previous quarter ended June 2025. There were no Sales reported in the quarter ended June 2026 and during the previous quarter ended June 2025.Powered by Capital Market - Live News

Beeyu Overseas will hold a meeting of the Board of Directors of the Company on 5 August 2026.

Net loss of Beeyu Overseas reported to Rs 0.01 crore in the quarter ended March 2026 as against net profit of Rs 0.01 crore during the previous quarter ended March 2025. There were no Sales reported in the quarter ended March 2026 and during the previous quarter ended March 2025.For the full year,net loss reported to Rs 0.02 crore in the year ended March 2026 as against net loss of Rs 0.04 crore during the previous year ended March 2025. There were no Sales reported in the year ended March 2026 and during the previous year ended March 2025.Powered by Capital Market - Live News