Members approve increase in authorised share capital; Capital Clause of MOA altered

GDL Leasing & Finance informed BSE that members approved an alteration to the Capital Clause of its Memorandum of Association, raising the authorised share capital 📈.

Sat 3 Oct 2026

New Authorised Share Capital

₹8,50,00,000/- (Rupees Eight Crore Fifty Lakh Only)

Equity Shares Constituting Authorised Capital

85,00,000 equity shares of face value ₹10.00/- each

Meeting

33rd AGM for FY 2025-26, held on Wednesday, September 30, 2026, at 12:15 P.M.

Mode of Meeting

VC/OAVM

Clause Amended

New Clause V sets the authorised share capital

What the company told the exchange

GDL Leasing & Finance Ltd informed BSE that the members of the Company, at the 33rd Annual General Meeting for the Financial Year 2025-26, approved the alteration in the Capital Clause of the Memorandum of Association of the Company, due to an increase in the authorised share capital.

The amended Clause V now reads

• Authorised Share Capital: ₹8,50,00,000/- (Rupees Eight Crore Fifty Lakh Only)
• Number of equity shares: 85,00,000 (Eighty Five Lakhs)
• Face value per share: ₹10.00/- each

What authorised share capital means

Authorised share capital is the maximum amount of share capital a company is permitted to issue. It is written into the Memorandum of Association, which is the company's charter document. Increasing this limit does not by itself bring any money into the company, and it does not create or issue any shares. It only widens the ceiling within which shares can be issued later, if and when the company takes a separate decision to do so.

Why a company raises this ceiling

• To keep headroom for a possible future issue of shares without amending the charter document again
• To align the capital clause with a larger capital base as requirements grow
• Any actual issue of shares would be a separate event with its own disclosures

How it was approved

• Forum: 33rd Annual General Meeting of the Company
• Financial year: 2025-26
• Date and time: Wednesday, September 30, 2026, at 12:15 P.M.
• Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)

Points for retail investors to note

• A change in authorised share capital is a change in the charter document, not a cash inflow
• The issued and paid-up equity base does not change merely because the ceiling has been raised
• Any future use of this headroom would be communicated through separate intimation

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