Ramírez EPGF reduces capital by 13.9 million to 3,000 euros

Ramírez EPGF SL has registered a capital reduction of 13,923,499.00 euros, leaving its subscribed capital at 3,000.00 euros, according to the announcement published in the Official Gazette of the Mercantile Registry (BORME). The registration was carried out on September 18, 2026, and was made public in issue number 186 of the gazette, dated September 25, 2026, within the First Section. The entry is listed under number 430403 and official reference BORME-A-2026-186-28.

The BORME is the official journal in which acts registered in the provincial mercantile registries are published, edited by the Official State Gazette. The announcement for Ramírez EPGF SL appears in the Madrid block, under the heading of registered acts of the First Section, and is limited to stating the amount of the reduction and the resulting capital, along with the company’s registration data.

The company has maintained the same registration sheet for over a decade: H M 2825007, with the volume and folio updated in each registration. The now-published entry is number 30 in its history, confirming that it is a company with continuous registration activity and not a recent incorporation.

Terms of the operation

Reduction amount: 13,923,499.00 euros.
Resulting subscribed capital: 3,000.00 euros.
Registration date: September 18, 2026.
Registration data: S 8, H M 282507, registration 30 (I/A 30).
Publication: BORME no. 186, of September 25, 2026, page 45313.

The reduction absorbs practically all of the capital the company had subscribed and returns it to the minimum amount required for a limited liability company. The announcement does not detail the method of reduction—return of contributions, forgiveness of passive dividends, or restoration of equity balance—nor its purpose, details which the published entry does not include.

Registration background of the company

The history of Ramírez EPGF SL allows for the reconstruction of the origin of the capital now being reduced. In March 2015, the company increased its capital by 9,286,489.00 euros, up to a subscribed amount of 13,926,499.00 euros, within the framework of a merger by absorption of Edificio Calle Gran Vía EPGF SL, Sant Andreu EPGF SL, Can San Salvatella EPGF SL, and 73 Serrano SL (registration 19, of March 4, 2015). The resulting figure coincides almost exactly with the capital that is now being reduced.

Other milestones in the history:

2017: loss of single-member status (entry 20, dated January 4, 2017).
2022: change of registered office to C/ Pinar 7, 5º izda (Madrid) and change of the administrative body to joint administrators (entry 23, dated March 4, 2022).
2024: declaration of single-member status, with Pemberton SARL as the sole shareholder (entry 28, dated January 19, 2024).
2025: cessation of Peláez Vara Julia and appointment of Trigos Romero Antonio as joint administrator (entry 29, dated July 18, 2025).

Implications for third parties

Publication in the BORME grants effectiveness against third parties to the capital reduction, which becomes enforceable upon its registration. Since the announcement does not state the destination of the funds or the modality of the operation, creditors and shareholders only have access to the two published data points: the reduced amount and the resulting capital.

For readers, the case illustrates a corporate operation of great magnitude in absolute terms: a Madrid-based limited company reduces its capital by nearly 14 million euros, leaving it at the legal minimum of 3,000 euros—a move that in practice undoes the capital increase linked to the 2015 merger. The operation is officially documented in the BORME of September 25, 2026, reference BORME-A-2026-186-28.

Source: Official Gazette of the Mercantile Registry, no. 186, September 25, 2026, First Section (Entrepreneurs, Registered Acts), page 45313 (official reference: BORME-A-2026-186-28).