Authorised capital increased by 24% to Rs 31 crore

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Price reactionminutes from the announcement price · days from the prior close

+6.9%Reaction day

₹24.45

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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Gems, Jewellery And Watches peers, median of 40sector-0.0%+6.9% vs sector

On the reaction day the stock moved 6.9 pts more than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 40Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders approved increasing the authorised share capital from Rs 25 crore to Rs 31 crore at an extraordinary general meeting on 5 November 2026. Capacity for equity shares of Rs 5 each rises from 5 crore to 6.2 crore shares. No new shares were announced for issuance.

Likely market impact

The company gains room to raise equity capital in future. Existing holdings and earnings per share do not change immediately; future issuance could dilute them.