With reference to the captioned subject, this is to inform you that Board of Directors of the Company in its meeting held at the registered office of the Company on December 27, 2025 had ....
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The Board of Directors of Maruti Interior Products Ltd, in a meeting held on December 27, 2025, approved the notice for an Extra-ordinary General Meeting (EGM) to increase the company's Authorized Share Capital from Rs. 20 Crore to Rs. 61 Crore — more than tripling it. This will also require a corresponding change in Clause V of the Memorandum of Association. Additionally, CS Sandip Nadiyapara has been appointed as the scrutinizer to oversee the voting process for the upcoming EGM in a fair and transparent manner. The Board meeting ran from 5:30 PM to 7:00 PM.
A sharp increase in authorized share capital is typically a preparatory step for a future corporate action such as a rights issue, bonus issue, or private placement, though no such action has been announced yet. Shareholders should watch for the EGM outcome and any follow-up fundraising announcement, as this could lead to potential dilution depending on how the expanded capital is eventually utilized.