Belrise Industries raises authorised share capital to INR 550 crore
BELRISE · price
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Belrise Industries shareholders approved an increase in the company's authorised share capital to INR 550 crore, divided into 110 crore equity shares of INR 5 face value each, at the AGM held on 30 September 2026. The change requires amendment to the capital clause of the Memorandum of Association. This was passed as an ordinary resolution through remote e-voting.
Raises the ceiling for issuing new shares in future but does not itself issue any shares or affect current holdings.