Mudunuru Ltd Approves Unaudited Q2 FY27 Results, Plans Share Capital Increase

Mudunuru Limited's Board of Directors met on November 12, 2026, to approve the un-audited financial results for the quarter and half-year ended September 30, 2026. The board also approved an increase in authorized share capital from ₹9 Crore to ₹12.50 Crore, subject to shareholder approval. Additionally, the company plans to issue up to 2,48,33,921 convertible warrants and 33,70,000 equity shares on a preferential basis to promoters and the public, both at an issue price of ₹2 per share. The company also announced the acquisition of a 51% stake in Mudunuru Hospitality Private Limited, making it a subsidiary. An Extra-Ordinary General Meeting is scheduled for December 12, 2026.