Laxmi Goldorna House Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
LGHL · price
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Awaiting price reaction for this filing.
Laxmi Goldorna House Limited has increased its authorised share capital from ₹45.01 crores to ₹51 crores, divided into 5,10,00,000 equity shares of ₹10 face value each. The change was approved at the 16th Annual General Meeting held on September 30, 2025. Consequently, Clause V of the Memorandum of Association has been substituted to reflect the new authorised capital. This is a routine corporate housekeeping step that gives the company room to issue more shares in the future.
No immediate impact on shareholders or stock price since this only raises the upper limit on shares the company can issue. It signals that the company is keeping the door open for a potential fund-raise, bonus issue, or stock split in the future, but nothing has been declared yet.