Board Meeting26 Aug 2026, 06:50 pm
Mena Mani Industries Ltd Increases Authorized Share Capital
AI Summary
Mena Mani Industries Ltd announced that its Board of Directors, in a meeting held on August 26, 2026, approved a significant increase in the company's authorized share capital. The capital will be raised from ₹16.50 Crores to ₹31.50 Crores, subject to shareholder approval. Additionally, the Board approved an alteration to the Memorandum of Association to include a new clause related to the hospitality and wellness sector. This move suggests a potential diversification or expansion into new business areas.
Key Highlights
- Authorized share capital increased from ₹16.50 Cr to ₹31.50 Cr.
- Increase subject to approval from the company's members.
- Memorandum of Association to be altered.
- New clause to cover hospitality and wellness businesses.
- Board meeting held on August 26, 2026.
Price Impact
More from MENAMANI