Revised Notice of Extra-Ordinary General Meeting
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Pro Fin Capital Services Ltd has sent a revised notice for its EGM on December 23, 2025 (11:30 AM) at its registered office in Borivali East, Mumbai, after the earlier notice inadvertently omitted the Proxy Form and Attendance Sheet. The EGM will seek shareholder approval for two key items: (1) increasing the authorized share capital from Rs. 32 crore to Rs. 60 crore (adding 28 crore equity shares of Re. 1 each) to accommodate the bonus issue, and (2) issuing bonus shares in a 1:1 ratio by capitalizing Rs. 29,62,97,163 from free reserves. The cut-off/record date is December 16, 2025, and e-voting runs from December 20-22, 2025. Bonus shares will be issued only in dematerialized form, and physical holders' bonus shares will be moved to a Suspense Account.
If approved, each eligible shareholder will receive 1 bonus share for every 1 share held, effectively doubling the share count and reducing the per-share price proportionally. The stock may see a price adjustment on the ex-bonus date, but long-term shareholders' overall holdings retain the same value. The 1:1 bonus signals management confidence in the company's reserves and is aimed at improving share liquidity.