Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jindal Capital Ltd is seeking shareholder approval via postal ballot to increase its authorised share capital from ₹12 crore to ₹22 crore by creating 1 crore additional equity shares of ₹10 each. The voting period runs from April 28 to May 27, 2026, with results expected by May 29, 2026. The company states this is to facilitate future fund raising, business expansion, and general corporate purposes. This is an ordinary resolution requiring simple majority approval. No specific use of proceeds or upcoming issuance details have been disclosed.
This does not immediately affect existing shareholders as it only increases the headroom for future share issuances. However, it signals the company is preparing for potential future fundraising or expansion that could dilute existing stakes.