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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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At an Extraordinary General Meeting held on 9 July 2025, shareholders of Agarwal Fortune India Ltd approved an amendment to the Capital Clause (Clause V) of the company's Memorandum of Association. The authorised share capital has been raised from Rs. 3.75 crore to Rs. 8.75 crore, an increase of Rs. 5 crore. In terms of shares, the authorised equity shares have gone up from 37,50,000 to 87,50,000 at a face value of Rs. 10 each, a rise of 50 lakh shares. The company disclosed this to BSE under Regulation 30 of the SEBI Listing Regulations. No new shares have actually been issued yet — this only increases the upper limit on what the company can issue in the future.
This gives the company headroom to raise fresh capital through a rights issue, preferential allotment, or further public issue in the future without needing another shareholder approval for the capital ceiling. For existing shareholders, there is no immediate dilution, but a future share issuance within this new limit could dilute their holdings.