AJOONINSEAjooni Biotech LimitedMediumNeutral
Announced Mon, 29 Jun · 15:38 IST

Ajooni Biotech to raise authorised share capital to Rs 70 crore

Corporate Actions View source PDF

AJOONI · price

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AI summary

Board approved increasing the authorised share capital and amending the capital clause of the Memorandum of Association, subject to shareholder approval at the AGM on July 29, 2026. The new authorised capital will be Rs 70 crore divided into 35 crore equity shares of Rs 2 face value each.

Likely market impact

Routine governance update. Higher authorised capital allows future share issuance, which could dilute existing shareholders if utilised.