DLDev Labtech Venture543848EGM

Shareholders approve raising authorised share capital to Rs. 31,00,00,000

Shareholders of Dev Labtech Venture have approved an increase in the company's authorised share capital.

By ScoutQuest · Thu 5 Nov 2026, 6:16 PM IST · 2 min read

Authorised Share Capital (revised)

Rs. 31,00,00,000 (up from Rs. 25,00,00,000)

Authorised Shares (revised)

6.2 crore equity shares of Rs. 5 each, up from 5 crore equity shares

Approval Venue/Date

Extra Ordinary General Meeting held on 5th November, 2026

Shareholders have approved an increase in the authorised share capital, and Clause 5 of the Memorandum of Association has been amended to reflect the new figure.

The numbers that changed

• Authorised share capital moves from Rs. 25,00,00,000 (Rupees Twenty-Five Crore) to Rs. 31,00,00,000 (Rupees Thirty-One Crore).
• In share terms, from 5 crore (Five Crore) equity shares to 6.2 crore (Six Crore Twenty Lakh) equity shares.
• The face value of each equity share stays at Rs. 5.
• The shares will rank pari-passu with the existing equity shares, meaning they carry the same rights as the shares already in issue.

How the approval came about

The members approved the alteration at an Extra Ordinary General Meeting held on 5th November, 2026. The amended Clause 5 now records that the share capital of the company is 31,00,00,000 Rupees, divided into 6.2 crore equity shares of 5 Rupees each.

Authorised is not the same as issued

• Authorised capital is the outer ceiling up to which a company may issue shares.
• It is not money received by the company, and it does not by itself change the number of shares actually held by investors.
• The shares actually allotted and paid for are counted in the paid-up capital.
• A higher ceiling gives the company headroom to issue more shares later, if and when it decides to.

What a shareholder may want to note

A rise in authorised capital is commonly a preparatory or housekeeping step, often taken ahead of a future issue of shares. The event that directly affects an existing shareholder's stake is the actual allotment of new shares — its size, price and purpose. This intimation covers the approval of the alteration of the capital clause of the MoA and the consequent change in the MoA.

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