GDL Leasing raises authorised share capital to Rs 8.5 crore
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Members of GDL Leasing and Finance approved an increase in the company's authorised share capital to Rs 8.5 crore at the 33rd AGM held on September 30, 2026. The new capital is divided into 85 lakh equity shares of Rs 10 face value each, amending the Capital Clause of the MOA. This is a routine corporate action that gives the company flexibility to issue more shares in the future, though it does not result in any new shares being issued immediately.
No immediate impact on shareholders. Higher authorised capital gives the company room to raise additional funds through future share issuance.