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Corporate Action31 Aug 2026, 10:40 pm

Wardwizard Healthcare Increases Authorized Capital to ₹25 Cr

AI Summary

Wardwizard Healthcare Ltd announced a significant increase in its authorized share capital. The company's Board of Directors approved the proposal to raise the authorized capital from ₹7.50 Crores to ₹25 Crores. This expansion involves increasing the number of equity shares from 75 Lakh to 2.50 Crore, each with a face value of ₹10. The revised capital structure will be reflected in the company's Memorandum of Association. This move is likely to facilitate future growth and funding opportunities for the company.

Key Highlights

  • Authorized capital increased from ₹7.50 Cr to ₹25 Cr.
  • Equity shares to increase from 75 Lakh to 2.50 Crore.
  • Face value per equity share remains ₹10.
  • Board approved the capital enhancement proposal.
  • Aims to support future expansion and funding needs.