This is to inform that the shareholders of the company through postal ballot (remote evoting only) on 30th June, 2025 have approved the following: 1. Increase in Authorised Share Capital ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajvi Logitrade Ltd informed the stock exchange that its shareholders approved a resolution through postal ballot (remote e-voting only) on 30th June 2025. The key resolution passed was the increase in the Authorised Share Capital of the company. The exact amount of the increase and any further resolutions are not visible in the provided excerpt. Postal ballot approvals allow companies to take shareholder decisions without convening a physical meeting.
An increase in authorised share capital gives the company room to issue new shares in the future, but it does not by itself result in dilution or any immediate change for existing shareholders. Investors should watch for follow-up announcements on whether the company plans to raise capital, issue bonus shares, or undertake any corporate action using the expanded capital base.