Paramount Cosmetics EGM to Increase Authorized Capital to ₹39 Cr
Paramount Cosmetics India Ltd. has announced an Extra-Ordinary General Meeting (EGM) to be held on Thursday, October 29, 2026, at 03:00 PM (IST) via Video Conferencing & OAVM. The primary agenda for the EGM is to consider and approve the increase in the company's Authorized Share Capital from the existing ₹5,00,00,000/- (₹5 Crore) to ₹39,00,00,000/- (₹39 Crore). This change will also require an alteration to Clause V of the Memorandum of Association. The company has provided e-voting facilities, which will commence on Monday, October 26, 2026, at 09:00 A.M. and conclude on Wednesday, October 28, 2026, at 05:00 P.M. In compliance with regulatory guidelines for virtual meetings, proxy appointments are not available for this EGM.
Key Highlights
- EGM scheduled for October 29, 2026, via virtual conferencing.
- Proposal to increase authorized share capital from ₹5 Cr to ₹39 Cr.
- This capital increase requires altering the Memorandum of Association.
- E-voting facility available from October 26 to October 28, 2026.
- No proxy appointments are permitted for the virtual EGM.
Price Impact
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