StockWatch
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Pharmaceuticals
AGM/EGM2 Jul 2026, 09:20 pm

Parmax Pharma Increases Authorized Share Capital to ₹10 Cr

AI Summary

Parmax Pharma Ltd has amended its Memorandum of Association (MOA) and adopted new Articles of Association (AOA) following approval at an Extraordinary General Meeting (EGM). The key amendment involves an increase in the company's authorized share capital from ₹6 Crores to ₹10 Crores, comprising 1 Crore equity shares of ₹10 each. The new Articles of Association have been adopted to align with the Companies Act, 2013, replacing the older ones based on the Companies Act, 1956. The amended MOA and AOA are available on the company's website.

Key Highlights

  • Authorized share capital increased from ₹6 Cr to ₹10 Cr.
  • New Articles of Association adopted to comply with Companies Act, 2013.
  • Amendments approved by shareholders at the EGM.
  • Updated MOA and AOA available on the company website.