Shareholders Approve Increase in Authorised Share Capital to Rs. 2,000 Crores

At the 34th AGM held on September 25, 2026, shareholders approved raising the company's authorised share capital.

Sun 27 Sep 2026

AGM Date

September 25, 2026

Previous Authorised Capital

Rs. 100,00,00,000/- (Rupees Hundred Crores) divided into 100,00,00,000 equity shares of Re. 1/- each

New Authorised Capital

Rs. 20,00,00,00,000/- (Rupees Two Thousand Crores) divided into 20,00,00,00,000 equity shares of Re. 1/- each

Capital Increase Multiple

Twenty-fold increase in authorised capital ceiling

What was approved

Shareholders at the 34th Annual General Meeting held on September 25, 2026 approved an increase in the existing authorised share capital of the company.

• From: Rs. 100,00,00,000/- (Rupees Hundred Crores) divided into 100,00,00,000 equity shares of Re. 1/- each
• To: Rs. 20,00,00,00,000/- (Rupees Two Thousand Crores) divided into 20,00,00,00,000 equity shares of Re. 1/- each

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. Issued and paid-up capital is the portion actually allotted to shareholders. Raising the authorised limit is an enabling step: it creates headroom for future issuances but is not itself an issue of shares.

How investors may read it

A twenty-fold increase in the ceiling is often seen as preparation for future capital-raising or corporate actions. Any actual issue of shares would require its own approvals and disclosures, and only such an issue would change the shareholding pattern or per-share economics.

The intimation was made to BSE under Regulation 30 of the SEBI Listing Regulations, referencing the amendment to the capital clause of the Memorandum of Association.

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