StockWatch
·
IT Enabled Services
Corporate Action10 Jun 2026, 07:11 pm

Affle 3i Alters MOA & AOA Post Shareholder Approval

AI Summary

Affle 3i Limited (formerly Affle (India) Limited) has announced the alteration of its Memorandum of Association (MOA) and Articles of Association (AOA) effective June 10, 2026, following shareholder approval via postal ballot. The MOA alteration primarily impacts the Authorised Share Capital clause, increasing it to Rs. 310,000,000 (Rs. 31 Crores) divided into 155,000,000 equity shares of Rs. 2 each. The AOA alteration modifies Article 16(a)(iii) concerning the issuance of shares or convertible securities. These changes are effective immediately.

Key Highlights

  • MOA and AOA altered effective June 10, 2026.
  • Authorised share capital increased to Rs. 31 Crores.
  • Shareholder approval obtained via postal ballot.
  • Changes impact share capital and securities issuance clauses.