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Awaiting price reaction for this filing.
The board of Madhuveer Com 18 Network Limited (Scrip Code: 531910), at a meeting held on January 19, 2026, approved increasing the company's authorized share capital from Rs. 36 crore (3.6 crore shares of Rs. 10 each) to Rs. 38 crore (3.8 crore shares of Rs. 10 each), a rise of about Rs. 2 crore or 5.6%. To implement this, the board approved a draft postal ballot notice to seek shareholder consent. Mrs. Rupal Patel was appointed as Scrutinizer for the postal ballot process. Additionally, Ms. Pushti Rajani (ACS membership no. A78352) was appointed as the new Company Secretary and Compliance Officer with effect from January 19, 2026.
The authorized capital hike is a modest, preparatory step and does not by itself mean new shares will be issued — any actual allotment or fundraising would need a separate board/shareholder decision. The appointment of a new Compliance Officer is a routine governance update with no direct impact on shareholders or the stock price.