Corporate Action25 Aug 2026, 09:30 pm
GSB Finance Ltd Increases Authorized Share Capital to ₹10 Cr
AI Summary
GSB Finance Ltd announced an increase in its authorized share capital, approved by the Registrar of Companies (ROC) on August 25, 2026. The company's authorized share capital has been raised from ₹6 Crores (60 Lakh Equity Shares of ₹10 each) to ₹10 Crores (1 Crore Equity Shares of ₹10 each). This consequential amendment to the Memorandum of Association has also been approved. This move follows earlier intimations dated July 8, July 13, and August 11, 2026, and is in compliance with SEBI (LODR) Regulations 2015.
Key Highlights
- Authorized share capital increased from ₹6 Cr to ₹10 Cr.
- Number of equity shares increased from 60 Lakh to 1 Crore.
- Registrar of Companies approved the capital increase.
- Consequential amendment to Memorandum of Association approved.
Price Impact
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