Dynamic Cables Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
DYCL · price
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Dynamic Cables Limited has amended its Memorandum of Association following shareholder approval at the 18th AGM held on June 30, 2025. The company's authorised share capital has been doubled from Rs. 25 crore (2.5 crore equity shares of Rs. 10 each) to Rs. 50 crore (5 crore equity shares of Rs. 10 each). This increase in the capital ceiling does not involve any immediate issuance of shares to shareholders. The amendment has been formally disclosed to BSE and NSE under SEBI Listing Regulations.
This is a routine corporate housekeeping action that simply raises the ceiling on how many shares the company can issue in the future. It does not dilute current shareholders or change the share price directly, but it may signal future plans for fundraising, expansion, bonus issues, or stock splits.