Investment20 Jul 2025, 11:00 am
Rajasthan Tube Manufacturing Company Ltd Amends MOA & AOA: Increases Authorised Share Capital to Rs. 60 Crore
AI Summary
In the 39th Annual General Meeting held on 19.07.2025, shareholders of Rajasthan Tube Manufacturing Company Ltd approved an increase in the Authorised Share Capital from Rs. 8,00,00,000/- to Rs. 60,00,00,000/-. This decision led to alterations in the Memorandum of Association (MOA) and Article of Association (AOA) of the company. The revised authorised share capital is now Rs. 60,00,00,000/- consisting of 60,00,00,000 equity shares of face value Re.1/- each. This change allows the company to have more flexibility in managing its capital and potentially issuing new shares in the future.
Key Highlights
- Shareholders approved an increase in the Authorised Share Capital from Rs. 8,00,00,000/- to Rs. 60,00,00,000/-
- Memorandum of Association (MOA) and Article of Association (AOA) altered to reflect the revised authorised share capital
- Revised authorised share capital is Rs. 60,00,00,000/- consisting of 60,00,00,000 equity shares of face value Re.1/- each
- This change provides the company with more flexibility in managing its capital
- The company can potentially issue new shares in the future with the increased authorised share capital