Corporate Action27 Jul 2026, 09:12 pm
CLN Energy increases authorized capital to ₹12.3 Cr
AI Summary
CLN Energy Ltd. shareholders approved an increase in the company's authorized share capital from ₹12,00,00,000 to ₹12,30,00,000. This decision was made via a postal ballot held on July 23, 2026, based on the Scrutinizer's Report dated July 27, 2026. Consequently, Clause V (iii) of the Memorandum of Association, which details the share capital, has been altered to reflect the new capital structure of 1,23,00,000 Equity Shares of ₹10 each. This action aligns with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Shareholders approved capital increase via postal ballot.
- Authorized share capital increased from ₹12 Cr to ₹12.3 Cr.
- Memorandum of Association Clause V (iii) was altered.
- New capital is 1,23,00,000 Equity Shares of ₹10 each.
Price Impact
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