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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of MFS Intercorp Ltd, at its meeting on 29 January 2026, approved a threefold increase in Authorised Share Capital from ₹5 crore (50 lakh equity shares) to ₹15.10 crore (1.51 crore equity shares) of ₹10 face value each. This change to the capital structure will require alteration of the Memorandum of Association, subject to shareholder approval. To seek that approval, the Board approved a Postal Ballot Notice and appointed Mr. Ankurkumar Gandhi, Practicing Company Secretary, as the Scrutinizer for the postal ballot process. The Board meeting ran from 10:00 a.m. to 10:50 a.m.
The move simply raises the ceiling on how much capital the company can raise in the future; it does not issue any new shares to existing shareholders right now. Shareholders will get a chance to vote on this via postal ballot, and any actual fundraising or share issuance will require a separate approval later.