Announced Wed, 1 Jul · 16:15 IST
Fynx Capital raises authorised share capital from Rs 25 Cr to Rs 105 Cr
Corporate Actions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹4.50
prior close
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base price
After-mkt
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AI summary
Fynx Capital (formerly Rajath Finance) has received shareholder approval at an EGM held on 20 June 2026 to hike its authorised share capital from Rs 25 crore (25 crore shares of Rs 1) to Rs 105 crore (105 crore shares of Rs 1), a 4.2 times increase. The Capital Clause V of the Memorandum of Association has been amended to reflect the new ceiling.
Likely market impact
Creates headroom for a possible future fundraising or share issuance, which could lead to dilution. Watch for follow-up announcements on any issue.