This is to inform you that, NDA Securities limited has conducted its Board Meeting today, 17th December, 2025, and the disclosure pursuant to regulation 30 of the SEBI (LODR) 2015 is enclosed ....
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NDA Securities' Board, meeting on December 17, 2025, approved four key items. First, it proposed adding or altering objects in Clause III of the Memorandum of Association, pending shareholder approval. Second, it approved increasing the Authorised Share Capital sharply from Rs. 15 crore (1.5 crore equity shares of Rs. 10 each) to Rs. 100 crore (10 crore equity shares of Rs. 10 each) – a nearly 6.7x jump in capital headroom – also subject to shareholder and other approvals. Third, it called an Extra-Ordinary General Meeting on January 8, 2026 via video conferencing to seek these approvals. Fourth, it announced a change in Chairperson: Mr. Ram Gopal Jindal stepped down as Chairperson (but stays as Director), and Mr. Gaurav Jindal – son of Ram Gopal Jindal and spouse of Managing Director Kajal Goel – was appointed as the new Chairperson with immediate effect.
For shareholders, the proposed capital expansion signals the company is preparing room for a potential fundraising or share issuance in the future, though it does not itself issue new shares. The leadership transition stays within the promoter family, suggesting continuity rather than a strategic shift. Share price impact is likely muted unless the EGM approval leads to a concrete fundraising plan.