Disclosure under Regulation 30 of the SEBI LODR 2015 is attached
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The Board of Directors of Money Masters Leasing & Finance Ltd, at a meeting held on July 22, 2025, approved an increase in the company's Authorized Share Capital from Rs. 34 crore to Rs. 60 crore. This translates to equity shares rising from 30.30 crore shares of Re. 1 each to 56.30 crore shares of Re. 1 each, while preference shares remain unchanged at 37 lakh shares of Rs. 10 each. Consequential changes in the Memorandum of Association were also approved. The Board decided to seek shareholder approval for this change through a Postal Ballot conducted via remote e-voting. M/s. HRU & Associates has been appointed as the Scrutinizer to oversee the postal ballot process in a fair and transparent manner.
This is a preparatory step that expands the company's capital headroom but does not itself issue new shares or dilute existing shareholders. Shareholders will get to vote on the proposal via postal ballot; the move could pave the way for future fundraising activities such as a rights issue or preferential allotment.