BSEAlfa Transformers LtdMediumNeutral
Announced Thu, 18 Sept · 14:59 IST

A. INCREASE IN AUTHORIZED SHARE CAPITAL. B ALTERATION IN THE CLAUSE NO V OF THE MEMORANDUM

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alfa Transformers Limited has called an Extra-Ordinary General Meeting on 14th October 2025 at 3:00 PM to seek shareholders' approval for increasing its Authorized Share Capital from Rs. 15 Crores (1.5 crore equity shares of Rs. 10 each) to Rs. 20 Crores (2 crore equity shares of Rs. 10 each), by creating 50 lakh additional equity shares of Rs. 10 each. A corresponding amendment will be made to Clause V of the Memorandum of Association to reflect the new capital structure. The e-voting window runs from 11th October (9:00 AM) to 13th October (5:00 PM), with 7th October 2025 fixed as the cut-off date. Mr. Dillip Kumar Das (Managing Director) and Mr. Debasis Das (Whole-Time Director) have been authorised to carry out the necessary steps.

Likely market impact

This move does not directly dilute existing shareholders—it only expands the company's room to issue new shares in the future. Investors should watch for follow-up announcements on any planned fundraising, preferential allotment, rights issue, or stock split, as this expanded headroom often precedes such capital-raising actions.