INCREASE IN AUTHORIZED SHARE CAPITAL OF THE COMPANY AND CONSEQUENTIAL AMENDMENT IN MEMORANDUM OF ASSOCIATION OF THE COMPANY
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Himalaya Food International Ltd has increased its Authorized Share Capital from Rs. 90 crores to Rs. 125 crores. The resolution was passed through Postal Ballot at an Extra Ordinary General Meeting held on 02nd May, 2026. The new capital structure comprises 12.5 crore equity shares of Rs. 10 each. This change also requires amendment to Clause V of the company's Memorandum of Association. This is a standard administrative filing that provides the company with additional headroom for future equity issuances, which could be used for fund raising, acquisitions, or other corporate purposes.
The increase in authorized capital gives the company flexibility to raise equity in the future, but does not immediately affect shareholders. It may signal potential capital raising activity ahead, which could be dilutive depending on how it is used.