Josco Jewellers gets NCLT go-ahead in bid to cut paid up share capital from Rs 120 crore to Rs 1 crore
NCLT, Josco Jewellers

Josco Jewellers gets NCLT go-ahead in bid to cut paid up share capital from Rs 120 crore to Rs 1 crore

Josco's share capital reduction is one of the largest by a private company in recent history.

The Kochi Bench of the National Company Law Tribunal (NCLT) has allowed jewellery group Josco Jewellers to drastically cut down on its paid up share capital from Rs. 120 crore to Rs. 1 crore.

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