Vivid Mercantile Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/02/2026 ,inter alia, to consider and approve 1. To Consider and approve ....
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Vivid Mercantile Ltd (BSE Scrip: 542046) has informed BSE that its Board of Directors will meet on Monday, 16th February 2026 at the registered office in Ahmedabad. The key agenda is to consider and approve an increase in the company's Authorized Share Capital along with a corresponding amendment to the Capital clause of the Memorandum of Association. Additionally, the Board will approve the draft Postal Ballot Notice to seek shareholders' approval for this capital hike. The intimation was signed by Managing Director Satishkumar Ramanlal Gajjar and filed under Regulation 29 of SEBI (LODR) Regulations. No specific quantum of the proposed capital increase has been disclosed in this filing.
An increase in Authorized Share Capital does not by itself dilute existing shareholders, but it gives the company room to issue fresh shares in the future, which could be dilutive if those shares are eventually allotted. Shareholders will get to vote on this change via a postal ballot, so the real impact on the stock will depend on the size of the proposed hike and the purpose behind it.