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Awaiting price reaction for this filing.
Money Masters Leasing & Finance Ltd has published a newspaper advertisement (in Free Press Journal and Navshakti) on 24th July 2025 regarding a Postal Ballot Notice dated 22nd July 2025. The company is seeking shareholder approval through an Ordinary Resolution to increase its Authorised Share Capital and make a corresponding change to the capital clause of the Memorandum of Association. The Postal Ballot Notice was dispatched to members on 23rd July 2025, with the cut-off date for voting eligibility set as 18th July 2025. Remote e-voting will be conducted through NSDL, with the voting window open from 24th July 2025 (9:00 a.m.) to 22nd August 2025 (5:00 p.m.). The filing was signed by Managing Director Hozef Darukhanawala.
Shareholders of the company should review and vote on this resolution during the e-voting window. If approved, the higher authorised capital will give the company flexibility to issue more shares in the future, possibly to raise funds or for other corporate actions, though it does not by itself lead to any dilution or immediate change in shareholding.