BSEGrameva LtdMediumNeutral
Announced Tue, 14 Oct · 19:25 IST

Pursuant to Regulation 30 of the SEBI (LODR) Regulation, 2015, we wish to inform that the Company had proposed to increase its Authorised Share Capital from Rs. 5 crore to Rs. 25 crore.The ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Bangalore Fort Farms Limited (BSE Scrip Code: 539120) has received approval from the Ministry of Corporate Affairs on 13th October 2025 to increase its Authorised Share Capital from Rs. 5 crore to Rs. 25 crore — a fivefold expansion. The proposal was first approved by the Board on 26th August 2025 and then by shareholders at the AGM on 25th September 2025. The company then filed e-Form SH-7 with the Registrar of Companies, West Bengal, which has now been approved. The current paid-up capital stands at Rs. 4.79 crore, meaning there is significant headroom under the new authorised limit for future fund-raising activity.

Likely market impact

The increase in authorised capital gives the company flexibility to issue more shares in the future, potentially through a rights issue, preferential allotment, or further fundraising. For existing shareholders, no immediate dilution or cash impact, but this creates room for future equity dilution if the company decides to raise capital.