ACME Printing and Packaging Proposes Rs. 1.6 Bn Capital Reduction 📈

ACME Printing and Packaging PLC has announced a strategic balance sheet restructuring to offset significant accumulated losses and improve its financial standing. • Financial Restructuring: The Board resolved to reduce the stated capital by Rs. 1.6 Billion, bringing it down from Rs. 2.26 Bn to Rs. 665 Mn. • Loss Mitigation: The reduction targets accumulated losses of Rs. 1.6 Bn (as of Feb 2026), effectively slashing retained losses to approximately Rs. 9.2 Mn. • Shareholder Impact: The number of issued ordinary shares (665 million) remains unchanged. The exercise is subject to shareholder approval via a special resolution. • Economic Context: The move addresses a "serious capital loss position" within the packaging and printing sector. As of Dec 2025, the company reported liabilities of Rs. 7.03 per share. • Ownership Structure: Lankem Ceylon remains the majority shareholder with a 53.82% stake. The share price recently closed at Rs. 6.20.