Beeyu Overseas Ltd
Beeyu Overseas Ltd - 532645 - Announcement under Regulation 30 (LODR)-Restructuring
01 / The disclosure
What the company shared
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we hereby inform you that the Hon''ble NCLT, Kolkata Bench, vide its Order dated 01st October 2026, has approved the reduction of share Capital of Beeyu Overseas Limited under Section 66 of the Companies Act, 2013. The Covering Letter along with a Copy of the said Order is enclosed for your information and records. Kindly take the same on records.
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INR 14,14,14,530Page 1
The approved reduction envisages reduction of the issued, subscribed and paid-up equity share capital from INR 14,14,14,530 comprising 1,41,41,453 equity shares of INR 10 each to INR 8,28,200 comprising 82,820 equity shares of INR 10 each, by cancellation and extinguishment of 1,40,58,633 equity shares, for adjustment of accumulated losses.
View source pageINR 10Page 1
The approved reduction envisages reduction of the issued, subscribed and paid-up equity share capital from INR 14,14,14,530 comprising 1,41,41,453 equity shares of INR 10 each to INR 8,28,200 comprising 82,820 equity shares of INR 10 each, by cancellation and extinguishment of 1,40,58,633 equity shares, for adjustment of accumulated losses.
View source pageINR 8,28,200Page 1
The approved reduction envisages reduction of the issued, subscribed and paid-up equity share capital from INR 14,14,14,530 comprising 1,41,41,453 equity shares of INR 10 each to INR 8,28,200 comprising 82,820 equity shares of INR 10 each, by cancellation and extinguishment of 1,40,58,633 equity shares, for adjustment of accumulated losses.
View source pageRs.23,14,53,545Page 3
The Applicant Company has filed this petition under Section 66 of the Companies Act, 2013 seeking the following reliefs: (i) Allow the present Application and grant sanction to the proposed set -off of accumulated losses of the Applicant Company amounting to Rs.23,14,53,545 /- (Rupees Twenty- Three Crore Fourteen Lakh Fifty -Three Thousand Five Hundred and Forty -Five only), as reflected in its audited Balance Sheet as at 31st March, 2024 in the following manner: (a) An amount of Rs.6,23,48,318/ - (Rupees Six Crore Twenty-Three Lakh Forty -Eight Thousand Three Hundred and Eighteen only) to be set off against the balance lying in the Capital Reserve;
View source pageRs.6,23,48,318Page 3
The Applicant Company has filed this petition under Section 66 of the Companies Act, 2013 seeking the following reliefs: (i) Allow the present Application and grant sanction to the proposed set -off of accumulated losses of the Applicant Company amounting to Rs.23,14,53,545 /- (Rupees Twenty- Three Crore Fourteen Lakh Fifty -Three Thousand Five Hundred and Forty -Five only), as reflected in its audited Balance Sheet as at 31st March, 2024 in the following manner: (a) An amount of Rs.6,23,48,318/ - (Rupees Six Crore Twenty-Three Lakh Forty -Eight Thousand Three Hundred and Eighteen only) to be set off against the balance lying in the Capital Reserve;
View source pageRs.2,85,18,897Page 3
(b) An amount of Rs.2,85,18,897/ - (Rupees Two Crore Eighty-Five Lakh Eighteen Thousand Eight Hundred and Ninety-Seven only) to be set off against the balance lying in the Securities Premium Reserve;
View source pageThe evidence
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01The approved reduction envisages reduction of the issued, subscribed and paid-up equity share capital from INR 14,14,14,530 comprising 1,41,41,453 equity shares of INR 10 each to INR 8,28,200 comprising 82,820 equity shares of INR 10 each, by cancellation and extinguishment of 1,40,58,633 equity shares, for adjustment of accumulated losses.
Page 1
02A copy of the said Order is enclosed herewith for your information and records.
Page 1
03The Applicant Company has filed this petition under Section 66 of the Companies Act, 2013 seeking the following reliefs: (i) Allow the present Application and grant sanction to the proposed set -off of accumulated losses of the Applicant Company amounting to Rs.23,14,53,545 /- (Rupees Twenty- Three Crore Fourteen Lakh Fifty -Three Thousand Five Hundred and Forty -Five only), as reflected in its audited Balance Sheet as at 31st March, 2024 in the following manner: (a) An amount of Rs.6,23,48,318/ - (Rupees Six Crore Twenty-Three Lakh Forty -Eight Thousand Three Hundred and Eighteen only) to be set off against the balance lying in the Capital Reserve;
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04(b) An amount of Rs.2,85,18,897/ - (Rupees Two Crore Eighty-Five Lakh Eighteen Thousand Eight Hundred and Ninety-Seven only) to be set off against the balance lying in the Securities Premium Reserve;
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05and (c) The remaining balance of Rs.14,05,86,330/ - (Rupees Fourteen Crore Five Lakh Eighty -Six Thousand Three Hundred and Thirty only), representing approximately 99.42% of the total issued, subscribed, and paid -up equity share capital of the Company, to be adjust ed by way of cancellation and extinguishment of 1,40,58,633 (One Crore Forty Lakh Fifty -Eight Thousand Six Hundred and Thirty-Three) equity shares of face value Rs.10/- (Rupees Ten) each.
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- 3 Oct 2026, 17:18 IST
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