BSEAMBO AGRITEC LIMITEDMediumNeutral
Announced Tue, 25 Aug · 16:28 IST

Board approves increase in Authorised Share Capital from Rs 25 Cr to Rs 55 Cr

Price

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₹9.88
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AI summary

Board of AMBO Agritec, at its meeting on August 25, 2026, approved increasing Authorised Share Capital from Rs 25 crore (2.5 crore equity shares of Rs 10) to Rs 55 crore (5.5 crore equity shares of Rs 10), creating 3 crore additional shares. A similar earlier proposal from April 2025 was approved but not implemented. This fresh proposal needs shareholder approval and will amend Clause V of the Memorandum of Association. The Board also confirmed the 32nd AGM will be held on September 26, 2026.

Likely market impact

No immediate impact on shareholders. Raising authorised capital creates room for future fundraising or stock splits, but no shares are being issued now.