Announced Thu, 1 Oct, 2026 · 15:23 IST
Authorized Share Capital Raised from Rs. 16 Cr to Rs. 25 Cr
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
-2.3%1-day move
₹21.50
prior close
₹21.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.3+1.4+0.7+1.2——————
Up moveDown movePending
AI summary
Members at the AGM on 30 Sep 2026 approved increasing the company's authorized share capital from Rs. 16 crore to Rs. 25 crore, divided into 2.5 crore equity shares of Rs. 10 each (up from 1.6 crore shares). The amendment to Clause V of the Memorandum of Association is subject to RoC approval. No new shares are being issued at this stage; this only raises the maximum cap.
Likely market impact
Creates headroom for future share issuance (rights issue, preferential allotment, etc.), which could dilute existing shareholders if new shares are issued later.