Amendments to Memorandum & Article of Association
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 33rd Annual General Meeting held on September 30, 2025, shareholders of Himalaya Food International approved two key items. First, M/s Garg Bros & Associates was appointed as the new Statutory Auditor for a 5-year term, replacing M/s Sharma Kumar & Associates whose tenure ended with this AGM. Second, the company increased its authorized share capital from Rs. 95 crores to Rs. 125 crores, divided into 12.5 crore equity shares of Rs. 10 each, with a corresponding amendment to Clause V of the Memorandum of Association. The authorized capital hike gives the company greater headroom to issue fresh shares in the future, though no specific fundraising has been announced yet.
The auditor change is routine and unlikely to move the stock. The increase in authorized share capital is a preparatory step and does not dilute existing shareholders on its own, but investors should watch for any follow-up announcement of a fundraising, rights issue, or stock split using this expanded capacity.