Revised Notice of shareholders meeting held through Postal ballot
Awaiting price reaction for this filing.
Murae Organisor Limited has issued a postal ballot notice seeking shareholder approval through remote e-voting (June 24 to July 23, 2025, with a cut-off date of June 20, 2025). The first resolution proposes a bonus issue of 1 equity share for every 10 shares held, by capitalising up to ₹18.59 crore from the company's securities premium, general reserve, or retained earnings. The second resolution seeks to increase the authorised share capital from ₹190 crore to ₹205 crore to accommodate the bonus issue and any future needs, with a corresponding amendment to the Memorandum of Association. Bonus shares will be allotted only in dematerialised form, and the record date will be announced separately.
If approved, eligible shareholders will receive 1 additional share for every 10 held (a 10% increase in share count). The share price typically adjusts downward by roughly the same proportion on the ex-date, so overall portfolio value is usually unchanged in the short term. The enlarged authorised capital gives the company headroom for future fund-raising or further issuances.