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The NCLT has confirmed Godrej Redevelopers’ proposal to cancel 26,506 fully paid-up shares held by Shubh Properties without consideration | AI Generated Representational Image
Mumbai, August 27, 2026: The National Company Law Tribunal (NCLT) has sanctioned the selective reduction of the equity share capital of Godrej Redevelopers (Mumbai) Private Limited, allowing the company to cancel and extinguish 26,506 fully paid-up equity shares held by Shubh Properties Cooperatief U.A., without any consideration.
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