Investment6 Mar 2026, 05:51 pm
Indowind Energy Ltd Increases Authorized Share Capital
AI Summary
Indowind Energy Ltd has announced an increase in its authorized share capital. The decision was approved by the shareholders through a postal ballot dated 05th March, 2026. The company's authorized share capital is increased from Rs. 1,75,00,00,000/- (Rupees One Hundred and Seventy-Five Crores Only) divided into 17,50,00,000 (Seventeen Crores Fifty Lakhs) equity shares of Rs. 10/- (Rupees Ten) each to Rs. 2,75,00,00,000/- (Rupees Two Hundred and Seventy-Five Crores Only) divided into 27,50,00,000 (Twenty- Seven Crores Fifty Lakhs) equity shares of Rs. 10/- (Rupees Ten) each. This amendment will reflect in Clause V of the Memorandum of Association of the Company.
Key Highlights
- Indowind Energy Ltd has increased its authorized share capital
- The increase is from Rs. 1,75,00,00,000/- to Rs. 2,75,00,00,000/-
- The decision was approved by shareholders in a postal ballot on 05th March, 2026
- The change will affect Clause V of the Memorandum of Association
- The new authorized capital is divided into 27,50,00,000 equity shares of Rs. 10/- each
Price Impact
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