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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.
The board of Jindal Capital Ltd, at its meeting on September 6, 2025, approved increasing the company's authorized share capital from ₹7.25 crore (72.5 lakh equity shares of ₹10 each) to ₹12 crore (1.2 crore equity shares of ₹10 each), creating an additional 47.5 lakh shares. The board also adopted a new set of Memorandum and Articles of Association to align them with the Companies Act, 2013, though main objects remain unchanged. It appointed Mr. Jaivindra Singh as Scrutinizer for the 31st AGM, fixed the record date as September 23, 2025, and set the book closure period from September 24 to September 30, 2025. E-voting will run from September 26 (9 AM) to September 29 (5 PM), and the 31st AGM is scheduled for September 30, 2025 at 11:30 AM at the registered office in Delhi. The Director's Report for FY ended March 31, 2025 was also approved.
The authorized capital hike creates room for a potential future equity issuance, which could dilute existing shareholders depending on how and when the new shares are issued. The capital increase and MOA/AOA changes still require shareholder approval at the upcoming AGM on September 30, 2025, making the vote worth monitoring.