Board Approval and Capital Increase
The Board of Directors at their meeting held on Wednesday, 26th August, 2026 approved an increase in the Authorised Share Capital of the Company:
- From: ₹16,50,00,000 (Rupees Sixteen Crores Fifty Lakhs) divided into 16,50,00,000 (Sixteen Crores Fifty Lakhs) Equity Shares of Re. 1/- (Rupee One) each
- To: ₹31,50,00,000 (Rupees Thirty One Crores Fifty Lakhs only) divided into 31,50,00,000 (Thirty One Crores Fifty Lakhs) Equity Shares of Re. 1/- (Rupee One) each
Meeting Details
The Board meeting commenced at 5:00 p.m. and concluded at 6:30 p.m. on August 26, 2026.
Required Approvals
The alteration of Capital Clause V of the Memorandum of Association is subject to approval of members in their general meeting.
Specific Amendment to MOA
The Capital Clause (Clause V) of the Memorandum of Association will be amended to read:
"V. The Authorised Share Capital of the Company is Rs. 31,50,00,000/- (Rupees Thirty One Crores Fifty Lakhs only) divided into 31,50,00,000 (Thirty One Crores Fifty Lakhs) Equity Shares of Re. 1/- (Rupee One) each."