Viviana Power Tech Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
VIVIANA · price
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Viviana Power Tech Limited has increased its authorised share capital from Rs. 10.5 crore (1.05 crore equity shares of Rs. 10 each) to Rs. 15 crore (1.5 crore equity shares of Rs. 10 each). The increase was approved by members through a postal ballot via remote e-voting. The company has also amended the capital clause of its Memorandum of Association to reflect this change. The move provides the company with additional headroom to issue new shares in the future, though no actual issuance has been announced yet.
This is a corporate housekeeping step that gives the company flexibility to raise fresh capital or issue bonus shares later, but it does not by itself dilute existing shareholders or change the stock's fundamentals.