BSEOm Metallogic LtdMediumNeutral
Announced Thu, 2 Jul · 19:46 IST

Postal Ballot notice for increasing authorized share capital

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹30.20
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-4.8-6.5-2.0+0.9+5.2+5.0-3.9
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AI summary

Om Metallogic Ltd has issued a Postal Ballot Notice dated June 29, 2026 seeking shareholder approval through e-voting for one Ordinary Resolution: to increase the Authorized Share Capital from Rs. 8.75 crore (87,50,000 equity shares of Rs.10 each) to Rs. 16 crore (1,60,00,000 equity shares of Rs.10 each) and amend the Capital Clause of the Memorandum of Association. E-voting runs from June 30, 2026 (9:00 AM) to July 29, 2026 (5:00 PM), with cut-off date of June 26, 2026. Board approved this on June 24, 2026. Scrutinizer is Ayush D Gupta and Associates. Results will be announced within 2 working days after voting ends.

Likely market impact

Expands room for future fundraising or stock splits but does not issue new shares now; shareholder vote required.