
AGM/EGM3 Oct 2026, 05:10 pm
GDL Leasing & Finance: Capital Clause Altered at AGM
AI Summary
GDL Leasing & Finance Ltd announced that its members, at the 33rd Annual General Meeting held on September 30, 2026, approved an alteration in the Capital Clause of the Memorandum of Association. This change is due to an increase in the company's authorized share capital. The new Clause V of the MOA states the authorized share capital is ₹8,50,00,000/- (Rupees Eight Crore Fifty Lakh Only), comprising 85,00,000 equity shares with a face value of ₹10.00 each.
Key Highlights
- AGM approved alteration in MOA's Capital Clause.
- Authorized share capital increased.
- New capital stands at ₹8.50 Crore.
- Each share has a face value of ₹10.
Price Impact
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