Increase in Authorized Share Capital of the company consequently amendment in the Capital Clause of MOA.
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At the 38th AGM held on September 25, 2025, shareholders of Moongipa Capital Finance Ltd approved increasing the company's authorized share capital from Rs. 15.5 crore (1.55 crore equity shares of Rs. 10 each) to Rs. 30 crore (3 crore equity shares of Rs. 10 each), effectively doubling the capital base by creating 1.45 crore additional equity shares. The Capital Clause (Clause V) of the Memorandum of Association was amended accordingly. In the same meeting, Dr. Pooja Jain (DIN: 00097037) was re-appointed as Whole-Time Director for a 5-year term from October 14, 2025 to October 13, 2030. Additionally, M/s Kuldeep Dahiya & Associates was appointed as the Secretarial Auditor for 5 years starting from FY 2025-26.
The doubling of authorized share capital gives the company room to raise fresh equity in the future, which could lead to dilution for existing shareholders if new shares are eventually issued. The re-appointment of the Whole-Time Director and appointment of a new secretarial auditor are routine corporate governance matters with no immediate material impact on the stock price.