Alteration of Capital Clause of Memorandum of Association of Company
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Julien Agro Infratech Ltd has increased its Authorised Share Capital to Rs. 60 crore, divided into 12 crore equity shares of Rs. 5 each. This change was approved by shareholders at the Annual General Meeting held on September 20, 2025, and the Capital Clause (Clause V) of the Memorandum of Association has been altered accordingly. This follows an earlier intimation to stock exchanges dated August 8, 2025. The company (formerly Silverpoint Infratech Ltd) is based in Kolkata and listed on BSE under scrip code 536073.
This is a corporate housekeeping action that simply raises the ceiling on shares the company is allowed to issue in the future. It does not mean new shares are being issued right now, but it gives the company flexibility to raise additional equity capital later, which could lead to dilution for existing shareholders if utilised.