Announced Wed, 1 Jul · 12:42 IST
Board approves hike in authorized share capital to Rs 100 crore
Corporate Actions View source PDF
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
+10.1%1-day move
₹8.34
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.1+15.5+21.2+27.2+33.6+47.1+45.7———
Up moveDown movePending
AI summary
Board on July 1, 2026 approved increasing authorized share capital from Rs 12 crore to Rs 100 crore, divided into 10 crore equity shares of Rs 10 each, subject to shareholder approval. EGM scheduled for July 24, 2026 via video conferencing. Filing references a proposed preferential issue under SEBI disclosure norms.
Likely market impact
Shareholders will vote on capital expansion at the July 24 EGM. Potential equity dilution if the preferential issue proceeds.