Corporate Action6 Jul 2026, 09:20 pm
BGR Energy Systems Doubles Authorised Share Capital to ₹200 Cr
AI Summary
BGR Energy Systems Ltd announced the successful passing of a resolution to increase its authorised share capital from ₹100 crore to ₹200 crore. This increase, approved by shareholders via postal ballot, also involves a consequent alteration to the Capital Clause of the company's Memorandum of Association. The resolution was deemed passed on July 5, 2026. The authorised share capital will now be divided into 20 crore equity shares of face value ₹10 each, up from 10 crore equity shares. This move is a significant corporate action aimed at bolstering the company's financial structure and future growth prospects.
Key Highlights
- Authorised share capital increased from ₹100 Cr to ₹200 Cr.
- Shareholders approved the capital increase via postal ballot.
- Memorandum of Association clause amended to reflect the change.
- Resolution deemed passed on July 5, 2026.
Price Impact
More from BGRENERGY