RERegal Entertainment & Consultants531033AGM

Shareholders approve higher authorised capital of Rs. 40 crore and borrowing limit up to Rs. 20 crore

Authorised share capital raised from Rs. 14,00,00,000 to Rs. 40,00,00,000 (3,60,00,000 equity shares of Rs.10 and 40,00,000 preference shares of Rs.10).

By ScoutQuest · Thu 24 Sep 2026, 2:10 PM IST · 1 min read

Authorised Share Capital - New

Rs. 40,00,00,000 (3,60,00,000 equity shares of Rs.10 and 40,00,000 preference shares of Rs.10)

Authorised Share Capital - Previous

Rs. 14,00,00,000

Borrowing Limit Approved

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

Mortgage/Charge/Hypothecation Limit

₹20,00,00,000 under Section 180(1)(a)

AGM Date

23rd September 2026

What was approved

The company informed BSE that its shareholders, at the 34th Annual General Meeting held on 23rd September 2026, approved three items.

• Authorised share capital increased from Rs. 14,00,00,000 to Rs. 40,00,00,000, with Clause V of the Memorandum of Association altered accordingly.
• The new structure is 3,60,00,000 equity shares of Rs.10 each and 40,00,000 preference shares of Rs.10 each, against the earlier 1,00,00,000 equity shares of Rs.10 and 40,00,000 preference shares of Rs.10.
• Borrowing limits raised up to Rs. 20 Crores under Section 180(1)(c) of the Companies Act, 2013.
• Creation of mortgage, charge and/or hypothecation with aggregate outstanding not exceeding ₹20,00,00,000 under Section 180(1)(a).

What it means in simple terms

Authorised share capital is the ceiling up to which a company may issue shares. Raising it does not by itself issue new shares, but it creates headroom to do so later.

A higher borrowing limit allows the board to raise debt up to the approved amount, and the charge approval permits company assets to be offered as security for such borrowings.

These are enabling approvals; the update sets out the limits sanctioned by shareholders.

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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