Alteration in Capital Clause of Memorandum of Association of Fynx Capital Limited.
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Fynx Capital Ltd (formerly Rajath Finance Limited, BSE Scrip Code: 507962) announced that shareholders approved a stock split at an Extraordinary General Meeting held on December 11, 2025. Each existing equity share with a face value of Rs. 10 will be sub-divided into 10 equity shares of Rs. 1 each (a 10:1 split). The total authorized share capital remains Rs. 25 crore, but will now be divided into 25 crore equity shares of Rs. 1 each instead of 12.5 crore shares of Rs. 10 each. The Capital Clause V of the Memorandum of Association has been amended to reflect this change.
Each shareholder will hold 10 times more shares at one-tenth the price, improving liquidity and affordability of the stock. The underlying value of holdings remains unchanged, though short-term price volatility is possible as the stock adjusts to the new face value.