Shareholders Approve Increase in Authorised Share Capital to Rs. 550 Crore

At the AGM held on 30th September, 2026, shareholders approved an increase in the Company's Authorised Share Capital.

Thu 1 Oct 2026

New Authorised Share Capital

INR 550,00,00,000 (Rupees Five Hundred Fifty Crore Only)

Number of Equity Shares

110,00,00,000 equity shares

Face Value per Share

INR 5 each

Resolution Type

Ordinary Resolution

Voting Method

remote e-voting

What was shared

Belrise Industries Limited has intimated the exchanges, under Regulation 30 of SEBI LODR, that the members of the Company approved an increase in the Authorised Share Capital at the Annual General Meeting held on 30th September, 2026. This follows the Company's prior intimation dated August 14, 2026 on the same subject.

The new capital clause

Clause V of the Memorandum of Association stands substituted to read that the Authorised Share Capital of the Company is INR 550,00,00,000 (Rupees Five Hundred Fifty Crore Only), divided into 110,00,00,000 equity shares having face value of INR 5 each.

How it was approved

• Approved by the members at the AGM held on 30th September, 2026
• Passed by way of an Ordinary Resolution
• Voting conducted through remote e-voting

What authorised capital means

Authorised share capital is the maximum amount of share capital a company is permitted to issue under its Memorandum of Association. Raising it creates headroom; it does not by itself issue any new shares, change the shareholding of existing investors, or bring money into the company. Any actual issue of shares would require its own separate approvals and disclosures.

How investors may read it

An increase in the authorised capital ceiling is generally seen as an enabling step that gives a company flexibility for future corporate actions involving shares. The immediate effect of this update is limited to the amendment of the capital clause of the Memorandum of Association.

The submission is also available on the Company's website under the "Investor Relations" tab.

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