StockWatch
·
Paper & Paper Products
AGM/EGM5 Sept 2026, 01:02 pm

Purity Flexpack Increases Authorized Share Capital to ₹10 Cr

AI Summary

Purity Flexpack Ltd announced the approval of an increase in its authorized share capital from ₹6 Crores to ₹10 Crores. This decision was made at the company's Annual General Meeting held on September 5, 2026. The increase involves the creation of an additional 40,00,000 equity shares of ₹10 each, bringing the total authorized equity shares to 1,00,00,000. This move necessitates a consequent alteration of the Capital Clause of the company's Memorandum of Association. The amendment was made in compliance with SEBI Listing Regulations.

Key Highlights

  • Authorized share capital increased from ₹6 Cr to ₹10 Cr.
  • AGM on Sept 5, 2026, approved the capital enhancement.
  • Adds 40 lakh equity shares of ₹10 each.
  • Memorandum of Association's capital clause amended.
  • Action complies with SEBI Listing Regulations.