Quintegra Solutions Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
Awaiting price reaction for this filing.
On 26th August 2025, the Board of Quintegra Solutions approved an amendment to the company's Articles of Association (AOA), subject to shareholder approval at the upcoming AGM. The amendment involves inserting two new regulations — 4B and 4C — to give the company legal powers to reduce its share capital, capital redemption reserve, or share premium account via special resolution, and to use capital reserves or general reserves to adjust accumulated losses or for other permitted purposes. This change is a preparatory step linked to a proposed capital reduction exercise by the company. The new provisions are drafted under Sections 52 and 66 of the Companies Act, 2013, and shareholders will get to vote on them at the AGM.
This is a precursor to a likely capital reduction or loss-adjustment exercise, which could change the company's share capital structure or book value per share. Existing shareholders should watch for the AGM voting outcome and any follow-up announcements on the actual capital reduction, as it may affect share count, reserves, or per-share metrics.