Shareholders approve increase in Authorised Share Capital to Rs. 20 crore from Rs. 8 crore

Shareholders approved raising the authorised share capital from Rs. 8 crore (80,00,000 equity shares of Rs.10 each) to Rs. 20 crore (2,00,00,000 equity shares of Rs.10 each), with the capital clause of the Memorandum of Association altered.

Mon 12 Oct 2026

Revised Authorised Share Capital

Rs. 20 crore (2,00,00,000 equity shares of Rs.10 each)

Existing Authorised Share Capital

Rs. 8 crore (80,00,000 equity shares of Rs.10 each)

Approval Method and Meeting

Ordinary Resolution at the 1st EGM for FY 2026-27 held on Saturday, October 10, 2026

What the company told the exchange

Marc Loire Fashions Limited has informed BSE that its shareholders approved an increase in the company's authorised share capital, along with the consequential alteration in the capital clause of the Memorandum of Association. The approval was by Ordinary Resolutions at the 1st Extra Ordinary General Meeting for the Financial Year 2026-27, held on Saturday, October 10, 2026. The voting result of e-voting was declared by the company as on Monday, October 12, 2026.

The numbers

• Existing authorised share capital: Rs. 8 crore (Rupees Eight Crore) divided into 80,00,000 (Eighty Lakh) equity shares of Rs.10/- each
• Revised authorised share capital: Rs. 20 crore (Rupees Twenty Crore) divided into 2,00,00,000 (Two Crore) equity shares of Rs.10/- each
• The face value of each equity share stays at Rs.10/- in both the existing and the revised clause

What changed in the charter documents

The amendment is to Clause V of the Memorandum of Association, the capital clause, which sets out the company's authorised share capital. The existing clause and the proposed clause are set out side by side in the annexure to the update.

Understanding authorised share capital

Authorised share capital is the ceiling on how much share capital a company can create and issue. It is not the same as issued or paid-up capital, which is the capital actually held by shareholders. Raising this ceiling widens the headroom available to the company for a future issue of shares, and any such issue would come with its own separate approvals and disclosures.

What investors may watch for

• Any future decision to issue shares within the enlarged authorised ceiling, and the terms of such an issue
• The company's issued and paid-up capital, which is tracked separately from authorised capital
• The updated Memorandum of Association reflecting the revised capital clause

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