Aastha Spintex raises authorised capital to Rs 100 crore, alters MOA
AASTHA · price
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Board approved increasing authorised share capital from Rs 45 crore to Rs 100 crore, divided into 10 crore equity shares of Rs 10 each, and altered Clause V of the MOA. Paid-up equity capital is Rs 3,164.22 lakh as on March 31, 2026. The hike provides headroom for future capital raising and corporate actions. Separately, Mr. Utsav Himanshu Trivedi's designation changed from Additional Director to Non-Executive Independent Director for 5 years.
Higher authorised capital signals possible fundraising or bonus plans ahead, though no specifics disclosed yet. Shareholders may see dilution if new shares are issued.