Alteration of the Clause V i.e. "Capital Clause" of Memorandum of Association of the Company
ANANDRATHI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Anand Rathi Wealth Ltd has increased its authorized share capital from Rs 50 crore to Rs 100 crore at its 31st Annual General Meeting held on May 21, 2026. The capital expansion involves creation of 10 crore new equity shares of Rs 5 each, effectively doubling the company's headroom for issuing shares. The previous authorized capital was Rs 50 crore comprising 10 crore shares of Rs 5 each, which has now been raised to Rs 100 crore comprising 20 crore shares. The amendment to the Capital Clause of the Memorandum of Association has been approved by shareholders. This regulatory filing is under SEBI Listing Obligations and Disclosure Requirements.
This represents a structural preparedness for future capital needs, potentially for fund-raising exercises, acquisitions, or strategic investments. It does not immediately dilute existing shareholders but creates capacity for future equity issuances that could dilute stakes later.