In continuation of our previous communication regarding outcome of EGM dated 30th April 2026, we wish to inform you that the company has filed Form MGT 14 with the ROC, Ahmedabad, pursuant ....
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Gautam Exim Limited has submitted its altered Memorandum of Association (MOA) to BSE following shareholder approval at an EGM held on April 30, 2026. The company filed Form MGT-14 with ROC, Ahmedabad on May 6, 2026 (SRN: AC3345695), which has been approved and taken on record. Key changes include a significant increase in authorized share capital from Rs. 5 crore to Rs. 13 crore, and a stock split reducing the face value of equity shares from Rs. 10 to Rs. 5 per share, effectively increasing the number of shares from 50 lakh to 2.6 crore. The company is listed on BSE (Scrip Code: 540613, Symbol: GEL, ISIN: INE721X01015) and was originally incorporated as a private company in 2005 before converting to a public company in 2017.
The stock split from Rs. 10 to Rs. 5 face value will make shares more affordable and accessible to retail investors, potentially improving liquidity. The near-tripling of authorized capital signals the company is preparing for future fundraising or expansion activities.