Alteration of Capital Clause V Memorandum of Association (''MOA'').
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Awaiting price reaction for this filing.
Sprayking Ltd has increased its authorised share capital from Rs. 22 crore to Rs. 22.5 crore, divided into 22.5 crore equity shares of Re. 1 each (up from 22 crore shares). This adds 50 lakh shares of headroom. The change was approved by shareholders at the 21st Annual General Meeting held on September 18, 2025, based on the Scrutinizer's Report dated September 20, 2025. The amendment has been made to Capital Clause V of the Memorandum of Association. The filing also notes the company's history of two prior stock splits (in March 2024 and July 2025) and previous authorised capital hikes.
This is a routine, small-scale increase in authorised capital (about 2.3%) that simply creates room for future fundraising or stock issuance. It does not by itself issue new shares or affect current shareholders, so the immediate impact on stock price is expected to be neutral.