Prospect Consumer Products Ltd Board Approves Share Capital Increase

Prospect Consumer Products Ltd announced that its Board of Directors, in a meeting held on August 27, 2026, approved a proposal to increase the company's authorized share capital from ₹7.50 crore to ₹8.50 crore by creating an additional 10,00,000 equity shares of ₹10 each. This increase is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The Board also approved convening the 4th AGM on September 30, 2026, and set September 23, 2026, as the cut-off date for remote e-voting eligibility. Additionally, the Directors' Report for the financial year ended March 31, 2026, was approved, along with the re-appointment of Director Mrs. Priyanka Vimal Mishra, pending member approval.