Corporate Action18 Jun 2026, 06:20 pm
Deepak Builders Amends MOA for Share Split & Capital Increase
AI Summary
Deepak Builders and Engineers India Ltd has amended its Memorandum of Association (MOA) following member approval via postal ballot. The company has sub-divided its equity shares, with each Rs. 10 share becoming 10 shares of Rs. 1 each. Concurrently, the authorized share capital has been increased from Rs. 55 crore to Rs. 65 crore. These changes, effective from a record date to be fixed by the board, have been registered with the Registrar of Companies.
Key Highlights
- Equity shares sub-divided from Rs. 10 to Rs. 1 denomination.
- Authorized share capital increased from Rs. 55 crore to Rs. 65 crore.
- MOA amendment registered with the Registrar of Companies.
- Changes approved by shareholders through postal ballot.
Price Impact
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