RERegal Entertainment & Consultants531033AGM

Shareholders approve authorised capital hike to Rs. 40 crore, borrowing limit of Rs. 20 Crores

At the 34th AGM held on 23rd September 2026, shareholders approved three items.

By ScoutQuest · Thu 24 Sep 2026, 2:05 PM IST · 1 min read

Authorised Share Capital - New

Rs. 40,00,00,000 (increased from Rs. 14,00,00,000)

Equity Shares - New Limit

3,60,00,000 shares of Rs.10 each (increased from 1,00,00,000 shares)

Preference Shares

40,00,000 preference shares of Rs.10 each (unchanged)

Borrowing Limit Approved

Rs. 20 Crores under Section 180(1)(c)

Mortgage/Charge/Hypothecation Limit

Rs. 20,00,00,000 aggregate outstanding under Section 180(1)(a)

What was approved

The company told BSE that shareholders at the 34th Annual General Meeting held on 23rd September 2026 considered and approved three resolutions.

Authorised share capital

• Increased from Rs. 14,00,00,000 (Rupees Fourteen crore only) to Rs. 40,00,00,000 (Rupees Forty crore only).
• Equity component moves from 1,00,00,000 equity shares of Rs.10 each to 3,60,00,000 equity shares of Rs.10 each.
• Preference component stays at 40,00,000 preference shares of Rs.10 each.
• The erstwhile Clause V of the Memorandum of Association was substituted with the new clause reflecting this.

Borrowing limits

Shareholders approved an increase in borrowing limits up to Rs. 20 Crores under Section 180(1)(c) of the Companies Act, 2013.

Creation of charges

Shareholders approved creation of mortgage, charge and/or hypothecation with an aggregate outstanding amount not exceeding ₹20,00,00,000 under Section 180(1)(a) of the Companies Act, 2013.

How to read this

Authorised share capital is the ceiling up to which a company may issue shares. Raising the ceiling does not by itself issue any new shares or change existing shareholding; it creates headroom for future issuances, which would be dilutive only if and when shares are actually issued.

Similarly, approving borrowing limits and the power to create charges sets an outer boundary for debt and for security over assets; it does not mean the amounts have been borrowed.

This update follows the company's earlier letters dated 03rd August 2026 and 24th September 2026 on the same subject.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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