EGM on October 31 to approve increase in authorised share capital
SOTAC · price
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Sotac Pharmaceuticals has called an Extraordinary General Meeting on October 31, 2026 at 11 AM via video conferencing. The sole resolution seeks to raise authorised share capital from Rs 11.50 crore to Rs 15 crore, adding 35 lakh equity shares of Rs 10 face value, along with related changes to the Memorandum of Association. E-voting runs from October 28 (9 AM) to October 30 (5 PM); the cut-off date for eligibility is October 24, 2026.
Raising the authorised capital ceiling gives room for future equity issuance; no shares are issued now, so no immediate dilution for current shareholders.