Disclosure under Regulation 44 of SEBI LODR 2025 along with Scrutinizer''s Report
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Money Masters Leasing & Finance Ltd conducted a postal ballot (by remote e-voting) from 24th July to 22nd August 2025 to seek shareholder approval for increasing the company's Authorised Share Capital. Out of 6,704 shareholders on record, the resolution was passed with overwhelming support — 99.9997% of votes (35,356,337 shares) were in favour, with only 100 shares (0.0003%) voted against. Promoters and promoter group voted 100% in favour with 34,786,740 shares, while public non-institutions voted 99.98% in favour. No institutional shareholders participated in the voting. The scrutinizer, M/s HRU & Associates, confirmed the ordinary resolution was passed with the requisite majority on 22nd August 2025.
The increase in authorised share capital does not by itself issue new shares but gives the company the flexibility to do so in the future — potentially for fundraising, expansion, or stock splits. For existing shareholders, this means the board now has headroom to dilute equity if needed, so any future capital-raising action should be watched closely. The near-unanimous approval reflects strong shareholder confidence, though the company has not disclosed how the additional capital will be used.