Alteration of Capital Clause V of MOA
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mish Designs Ltd has received shareholder approval at an Extra Ordinary General Meeting held on June 5, 2026 to increase its authorised share capital. The authorised capital has been raised from Rs. 3.40 crore to Rs. 3.90 crore, an increase of Rs. 50 lakh. This increase is entirely in the equity share portion, which has gone up from 33,00,000 equity shares of Rs. 10 each to 38,00,000 equity shares of Rs. 10 each (an addition of 5,00,000 equity shares). The preference share component remains unchanged at 1,00,000 shares. The Capital Clause V of the Memorandum of Association has been amended to reflect this change, with the effective amendment date being June 5, 2026.
This is purely an increase in authorised capital and does not by itself result in any new share issuance or dilution. It gives the company flexibility to raise fresh capital, issue bonus shares, or grant stock options in the future without needing another shareholder approval. Existing shareholders are not immediately affected, but should watch for any follow-up announcements on actual fundraising or share issuance.