Please find attached intimation relating to amendment to memorandum of association
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Parshva Enterprises Ltd has received shareholder approval via postal ballot (results dated February 21, 2026) to increase its Authorised Share Capital from Rs. 10.50 crore to Rs. 15 crore, a rise of Rs. 4.50 crore or about 43%. The increased capital is divided into 1.50 crore equity shares of Rs. 10 each, up from 1.05 crore shares earlier. The Capital Clause (Clause V) of the Memorandum of Association has been amended accordingly. No new shares are being issued right now — this only raises the company's ceiling for future share issuance.
No immediate impact on shareholders or share price, as this is just a structural change giving the company headroom to issue more shares in the future. Investors should watch for any follow-up fundraising announcement that actually uses this expanded authorised capital.