Authorised Share Capital Raised to Rs. 40,00,00,000 via MOA Clause V Amendment
Shareholders at the 13th AGM approved altering Clause V of the Memorandum of Association.
By ScoutQuest · · 1 min read
- Authorised Share Capital
- Rs. 40,00,00,000 (Rupees Forty Crores)
- Number of Equity Shares
- 4,00,00,000 (Four Crore) equity shares
- Face Value per Share
- Rs. 10 each
- AGM Date and Time
- September 25, 2026, 03:30 P.M. to 04:30 P.M.
- Resolution Approved
- Alteration to Clause V of Memorandum of Association
What was shared
The company disclosed to BSE an alteration in its Memorandum of Association under Regulation 30 of the SEBI Listing Regulations. Shareholders at the 13th Annual General Meeting held on September 25, 2026 considered and approved the substitution of existing Clause V, which deals with authorised share capital.
The new Clause V
- Authorised Share Capital: Rs. 40,00,00,000/- (Rupees Forty Crores Only)
- Divided into 4,00,00,000 (Four Crore) equity shares
- Face value: Rs. 10 each
What authorised capital means
Authorised share capital is the maximum amount of share capital a company is permitted to issue to shareholders. Issued and paid-up capital is usually lower. Raising the authorised limit creates headroom for future share issuances, but the change by itself does not create new shares and does not change existing shareholders' holdings or their percentage.
Meeting details
The 13th Annual General Meeting commenced at 03:30 P.M. and concluded at 04:30 P.M. The disclosure was signed by Ajith Kumar, Company Secretary and Compliance Officer, and accompanied by the prescribed Annexure-A format.
How investors may read it
A higher authorised capital ceiling is often seen as preparation for possible future corporate actions involving shares. Any actual issuance would require its own separate approvals and disclosures.
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More numbers
- Authorised share capitalRs. 40,00,00,000/-
- Number of equity shares in authorised capital4,00,00,000 (Four Crore) equity shares
- Face value per equity shareRs. 10 Each
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