
AGM/EGM19 Sept 2026, 06:50 pm
Shanmuga Hospital Increases Authorized Share Capital to ₹25 Cr
AI Summary
Shanmuga Hospital Ltd announced that its members have approved an increase in the company's authorized share capital from ₹14 crore to ₹25 crore. This significant increase, comprising 1.4 crore equity shares of ₹10 each to 2.5 crore equity shares of ₹10 each, was approved at the company's 6th Annual General Meeting (AGM) held on September 18, 2026. The approval is subject to the final clearance from the Registrar of Companies (ROC). This move will lead to a subsequent alteration in the company's Memorandum of Association (MOA), specifically Clause V, reflecting the expanded share capital.
Key Highlights
- Authorized share capital increased from ₹14 Cr to ₹25 Cr.
- Approval granted at the 6th Annual General Meeting on Sept 18, 2026.
- Alteration of Memorandum of Association (MOA) to follow.
- Subject to final approval from the Registrar of Companies (ROC).
Price Impact
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