
Board Meeting31 Mar 2026, 03:29 pm
Lexoraa Industries Ltd Amends Memorandum of Association, Increases Authorized Share Capital
AI Summary
Lexoraa Industries Ltd has announced an amendment in its Memorandum of Association (MOA) during the Extra-Ordinary General Meeting (EoGM) held on 31st March 2026. The shareholders have approved an increase in the company's authorized share capital from the existing Rs. 20,00,00,000/- (Twenty Crore) to 50,00,00,000/- (Fifty Crore). This alteration will result in the substitution of Clause V of the MOA with a new clause that states the authorized share capital as 50,00,00,000/- (Fifty Crore) consisting of 5,00,00,000 (Five crore) Equity Shares of Re.10/- (Rupee ten only) each.
Key Highlights
- Lexoraa Industries Ltd has amended its Memorandum of Association (MOA)
- The company's authorized share capital has been increased from Rs. 20,00,00,000/- to 50,00,00,000/-
- The decision was approved during the Extra-Ordinary General Meeting (EoGM) on 31st March 2026
- The alteration will lead to the substitution of Clause V of the MOA
- The new authorized share capital consists of 5,00,00,000 (Five crore) Equity Shares of Re.10/- each
Price Impact
More from SERVOTEACH