Board Meeting7 Apr 2026, 05:31 pm
Healthy Life Agritec Ltd. Approves Increase in Authorized Share Capital and Alters Object Clause
AI Summary
Healthy Life Agritec Ltd. announced the outcome of its Board of Directors meeting held on April 07, 2026. The Board approved an increase in the company's authorized share capital from Rs. 50,00,00,000 to Rs. 100,00,00,000 and alteration of the capital clause. Additionally, the Board approved the amendment of the Memorandum of Association by inserting new sub-clauses under the existing 'Clause III-A'. The Extraordinary General Meeting (EGM) will be held on May 02, 2026, to obtain consent from the members for these changes. Mr. Sumit Bajaj has been appointed as the Scrutinizer for the EGM.
Key Highlights
- Approval of increase in authorized share capital from Rs. 50,00,00,000 to Rs. 100,00,00,000
- Alteration of the capital clause and Memorandum of Association
- Planning to carry on the business of processing, producing, manufacturing, and dealing in various food and beverage products
- Scheduled Extraordinary General Meeting (EGM) on May 02, 2026
- Appointment of Mr. Sumit Bajaj as the Scrutinizer for the EGM
Price Impact
More from HEALTHYLIFE