Board approves share capital hike, borrowing limit rise to Rs 100 cr
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.8 pts more than Nifty Microcap 250 and 4.9 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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At an Oct 12, 2026 board meeting, Typhoon Financial Services approved increasing authorised share capital from Rs 3.25 crore to Rs 5.55 crore by adding 23 lakh equity shares of Rs 10 each, raising the borrowing limit to Rs 100 crore under Section 180(1)(c), and adopting a new MOA and AOA aligned with the Companies Act 2013. All items require shareholder approval via postal ballot. Cut-off date for voting is Oct 9, 2026. Prasad and Partners LLP was appointed as scrutinizer.
Shareholders will vote by postal ballot on a capital hike and Rs 100 cr borrowing ceiling, hinting at possible fundraising plans ahead.