outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
The Board of Directors of Hypersoft Technologies, held on February 2, 2026, approved an increase in the company's Authorised Share Capital from Rs. 86 crore to Rs. 107 crore, creating room for an additional 2.10 crore equity shares of Rs. 10 face value. This expansion — about a 24% rise in the authorised capital ceiling — will require an amendment to Clause V (Capital Clause) of the Memorandum of Association. Shareholders' approval will be sought at an Extraordinary General Meeting scheduled for February 27, 2026, to be conducted via video conferencing. The Board meeting concluded at 8:00 PM on the same day.
This is a preparatory step — it does not issue new shares or dilute existing holders immediately, but it gives the company headroom to raise fresh equity or issue bonus shares later. Investors should watch the EGM outcome and any subsequent fundraising announcement, which could affect shareholding and price.