Increase in Authorized Share Capital and Amendment in Capital Clause of MOA of the Company.
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The board of Trans India House Impex Ltd has approved increasing the company's authorized share capital from Rs. 60 crore to Rs. 72 crore, a 20% rise. This means the company can issue up to 7.2 crore equity shares of Rs. 10 each, compared to 6 crore earlier. To make this change, the Capital Clause of the Memorandum of Association (MOA) will also be amended. The increase is subject to shareholder approval, which the company will seek through a postal ballot. A scrutinizer, CS Kunal Sharma, has been appointed to oversee the voting process. The board meeting took place on 3rd May 2025.
This is a preparatory step that gives the company room to issue new shares in the future for fundraising or acquisitions. No new shares are being issued right now, and existing shareholders face no immediate dilution unless the company actually issues new shares later. The actual fundraising plan, if any, is not disclosed in this filing.