Novus Loyalty Ltd Increases Authorized Capital to ₹20 Crore

Novus Loyalty Ltd announced the successful passing of a special resolution at its Extra Ordinary General Meeting (EGM) to amend Clause V of its Memorandum of Association. The company's authorized share capital will be increased from ₹18 crore to ₹20 crore. This move involves the creation of additional equity shares and is subject to necessary regulatory approvals. The EGM was held physically in Gurugram on September 3, 2026, with Mr. Deepak Tomar presiding as Chairperson. The company also passed a special resolution for the Novus Loyalty Employment Stock Option Plan 2026 (ESOP 2026).