StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action26 Aug 2026, 07:00 pm

Mena Mani Industries Increases Authorised Capital to ₹31.5 Cr

AI Summary

Mena Mani Industries Ltd announced that its Board of Directors, in a meeting held on August 26, 2026, approved an increase in the company's authorized share capital. The capital will be raised from ₹16.50 crore to ₹31.50 crore. This increase involves expanding the number of equity shares from 16.50 crore to 31.50 crore, each with a face value of Re. 1. Consequently, Clause V of the Memorandum of Association needs to be amended, subject to shareholder approval in a general meeting. The board meeting commenced at 5:00 p.m. and concluded at 6:30 p.m.

Key Highlights

  • Board approved increase in authorised share capital.
  • Authorised capital to rise from ₹16.50 Cr to ₹31.50 Cr.
  • Requires amendment to Memorandum of Association.
  • Shareholder approval needed for the capital increase.