Notice of 3rd EGM of 2025-26
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Awaiting price reaction for this filing.
Hypersoft Technologies Limited (BSE Scrip: 539724) has called its 3rd EGM of FY 2025-26 to be held on Friday, 27th February 2026 at 11:00 AM via Video Conferencing. Two special business items are on the agenda as ordinary resolutions: (1) Increasing the authorised share capital from Rs. 86 crore (8.60 crore equity shares of Rs. 10 each) to Rs. 107 crore (10.70 crore equity shares of Rs. 10 each), with a corresponding amendment to Clause V of the Memorandum of Association; and (2) Determining fees for delivery of company documents to members through a particular mode, as required under Section 20 of the Companies Act, 2013. Remote e-voting will be open from 24th February 9:00 AM to 26th February 5:00 PM, with the cut-off date for voting eligibility set as 20th February 2026.
The proposed authorised share capital hike of Rs. 21 crore (about 24% increase) signals that the company is likely planning to raise additional equity capital in the near future, which could lead to potential dilution for existing shareholders. Retail investors should watch for a follow-on fundraise announcement after this EGM approval.