Pashupati Cotspin Limited has informed the Exchange about General Updates
PASHUPATI · price
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Pashupati Cotspin Limited has amended Clause V of its Memorandum of Association to revise its authorized share capital. The new authorized share capital is Rs. 16 crore, divided into 16 crore equity shares of Re. 1 each. This change follows approval from shareholders obtained through remote e-voting, with results declared on March 30, 2026, after a Board meeting held on February 26, 2026. The filing was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The Managing Director Saurin Jagdish Bhai Parikh signed the intimation, which was sent to both BSE and NSE.
This gives the company greater headroom to issue additional equity shares in the future, which could be used for fundraising, a stock split, or a bonus issue. For shareholders, this is a routine corporate housekeeping step and does not by itself result in any dilution or change in shareholding, but it signals management's preparation for potential future capital actions.