Announced Tue, 25 Aug · 16:31 IST
Authorised capital to rise from Rs 25 Cr to Rs 55 Cr
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹9.88
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.6+1.2—+1.5+1.3+3.9+0.6———
Up moveDown movePending
AI summary
The board approved raising authorised share capital from Rs 25 crore to Rs 55 crore by creating 3 crore new equity shares of Rs 10 each, subject to member approval. A prior proposal approved at an EGM in May 2025 to raise it to Rs 50 crore was never implemented. The AGM is set for September 26, 2026.
Likely market impact
Creates room for future fundraising. No immediate dilution. Shareholders to vote at AGM on Sep 26.