Amendment in Memorandum of Association.
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Enbee Trade & Finance Ltd has amended Clause V of its Memorandum of Association following shareholder approval at the AGM held on September 3, 2025. The company is restructuring its authorized share capital from Rs. 60 crore (6 crore equity shares of Rs. 10 each) to Rs. 180 crore (180 crore equity shares of Re. 1 each). This effectively combines a 10-for-1 stock split (face value reduced from Rs. 10 to Re. 1) with a three-fold increase in total authorized capital. The change has been approved by shareholders and the result was declared on September 4, 2025. The amendment is now formally part of the company's constitutional document after being filed with the stock exchange.
Retail shareholders will likely see a 10-for-1 stock split, increasing the number of shares they hold tenfold while reducing the per-share price proportionally — making the stock more affordable and improving liquidity. The tripling of authorized capital also signals room for potential future fundraising, though no immediate issuance is announced.