StockWatch
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Animal Feed
Corporate Action6 Aug 2026, 03:39 pm

Mayank Cattle Food Doubles Authorised Share Capital to ₹12 Cr

AI Summary

Mayank Cattle Food Ltd announced an increase in its authorized share capital from ₹6 crore to ₹12 crore. This significant amendment to the Memorandum of Association was approved by the Board of Directors on July 7, 2026, and subsequently ratified by the shareholders via a special resolution at the 28th Annual General Meeting held on August 6, 2026. The company's capital clause has been updated to reflect this doubling of its authorized capital, divided into 1.2 crore equity shares of ₹10 each. This move is likely to facilitate future growth and expansion opportunities for the company.

Key Highlights

  • Authorized share capital increased from ₹6 crore to ₹12 crore.
  • Amendment approved by Board and shareholders via special resolution.
  • Capital Clause (Clause 5) of Memorandum of Association altered.
  • Facilitates future growth and expansion initiatives.
  • AGM held on August 6, 2026, with resolution passed.