Corporate Action22 May 2026, 06:11 pm
F Mec Int'l: Share Subdivision, ₹10 Face Value to ₹2
AI Summary
F Mec International Financial Services Ltd has amended its Memorandum of Association (MOA) following the sub-division of equity shares. Shareholders approved the alteration of the capital clause during an Extraordinary General Meeting held on May 4, 2026. The equity shares, previously with a face value of ₹10 each, have been sub-divided into five equity shares with a face value of ₹2 each. The authorized share capital is now ₹15,00,00,000 divided into 7,50,00,000 equity shares of ₹2 each.
Key Highlights
- F Mec International sub-divides equity shares from ₹10 to ₹2 face value.
- Shareholders approved MOA amendment at EGM on May 4, 2026.
- Authorized share capital is now ₹15,00,00,000 divided into 7,50,00,000 equity shares.
- Form SH-7 filed for alteration in share capital, SRN: AC3549300.
- Amendment modifies Clause V of the MOA.
Price Impact
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