StockWatch
·
Industrial Products
Corporate Action17 Aug 2026, 05:20 pm

Hittco Tools Increases Authorized Share Capital to ₹35 Cr

AI Summary

Hittco Tools Ltd has successfully increased its authorized share capital from ₹15 crore to ₹35 crore through a postal ballot. The resolution, which also involved an alteration to Clause V of the Memorandum of Association, was approved by the company's members with the requisite majority. The e-voting process, managed by CDSL, commenced on July 16, 2026, and concluded on August 14, 2026. The company has submitted the voting results and the Scrutinizer's Report as per SEBI LODR Regulations, 2015, and has also placed these documents on its website.

Key Highlights

  • Authorized share capital increased from ₹15 Cr to ₹35 Cr.
  • Memorandum of Association (MOA) clause altered.
  • Resolution passed via postal ballot with member approval.
  • SEBI LODR regulations complied with for disclosure.