Corporate Action26 Oct 2026, 06:01 pm
BGR Energy Systems to Double Authorised Share Capital to ₹400 Cr
AI Summary
BGR Energy Systems Ltd's Board of Directors has approved a proposal to increase the company's authorized share capital from ₹200 crore to ₹400 crore, subject to shareholder approval. This move involves doubling the number of equity shares from 20 crore to 40 crore. The board also approved the appointment of Mr. Ram Naresh Singh Tomar as an Additional Director (Whole-Time Director) for five years and Mr. Harish Gupta as President – Finance and Strategy. These decisions were made during a board meeting held on October 26, 2026.
Key Highlights
- Authorized share capital to increase from ₹200 Cr to ₹400 Cr.
- Shareholder approval required for capital increase.
- New Whole-Time Director appointed for a five-year term.
- President – Finance and Strategy position also filled.
Price Impact
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