Board Meeting4 Sept 2026, 06:51 pm
Balgopal Commercial Ltd Board Approves Share Capital Increase to ₹32 Cr
AI Summary
Balgopal Commercial Ltd's Board of Directors has approved a proposal to increase the company's authorized share capital from ₹24 crores to ₹32 crores. This significant increase is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also approved consequential alterations to the Memorandum of Association. In addition to the capital raise, the board meeting addressed several other key matters, including the approval of annual reports, appointment of new directors, and a proposed change of company name to 'DREAMAX ENTERPRISES LIMITED', pending shareholder consent. The 44th AGM is scheduled for September 30, 2026.
Key Highlights
- Authorized share capital to increase from ₹24 Cr to ₹32 Cr.
- Shareholder approval required for capital increase and name change.
- New directors appointed, subject to shareholder nod.
- Company proposes name change to 'DREAMAX ENTERPRISES LIMITED'.
- 44th AGM scheduled for September 30, 2026.
Price Impact
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