Notice of Postal Ballot dated February 12, 2026.
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Asia Capital Ltd has issued a Postal Ballot Notice dated February 12, 2026, seeking shareholder approval to increase the company's Authorised Share Capital from Rs. 5.25 Crores (52,50,000 equity shares of Rs. 10 each) to Rs. 10 Crores (1,00,00,000 equity shares of Rs. 10 each), effectively doubling the authorised limit by creating an additional 47,50,000 equity shares. The resolution, an Ordinary Resolution, also requires consequent alteration to Clause V of the Memorandum of Association. Voting will be conducted through remote e-voting via NSDL, with the voting window running from February 15, 2026 to March 16, 2026 (cut-off date: February 06, 2026). The company has appointed Saloni Goyal & Associates as the Scrutinizer to oversee the process. No new shares are being issued at this stage — only the ceiling on authorised capital is being raised to give the company future flexibility.
This is a preparatory corporate action that does not cause any immediate dilution or change to existing shareholdings, but it gives the company room to issue additional equity in the future (potentially for fundraising, acquisitions, or expansion). Shareholders should watch for any follow-up announcements on actual share issuance, rights issues, or preferential allotments that may use this expanded authorised capital.