Nagreeka Exports Limited has informed the Exchange about General Updates
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Nagreeka Exports Limited held an Extraordinary General Meeting on June 24, 2025, where shareholders approved an increase in the company's Authorized Share Capital along with a corresponding change to the Capital Clause of the Memorandum of Association. The company has not disclosed the exact amount of the proposed increase or any timeline for issuing new shares. The company will now file the necessary application with the Registrar of Companies to formalize the change. No fundraising, rights issue, or share allotment has been announced at this stage.
This is a procedural step that gives the company flexibility to issue more shares in the future, but no new shares have been issued yet. Shareholders should watch for any follow-up announcement on a rights issue, preferential allotment, or fundraising that uses this expanded capital headroom, as that could dilute existing shareholdings.