Announced Mon, 15 Jun · 15:24 IST
Postal Ballot: Increase in Authorised Share Capital Approved
Corporate Actions View source PDF
Price
▲ 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
+0.9%1-day move
₹129.00
prior close
₹132.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0———+0.9—+1.4+6.6+0.8+2.3-31.8-30.6——
Up moveDown movePending
AI summary
Members approved an increase in the Authorised Share Capital and alteration to the capital clause of the Memorandum of Association via postal ballot. Of 8 members voting, 12,37,100 votes (100%) were cast in favour with 0 against. E-voting ran from May 14 to June 12, 2026, conducted by CDSL and scrutinised by Rawal & Co.
Likely market impact
Raises the company's capital headroom, likely paving the way for a future equity fundraising (rights issue or preferential allotment) that could dilute existing shareholders.