Shri Niwas Leasing Board Meeting on Aug 27 to Approve Share Capital Changes

Shri Niwas Leasing And Finance Ltd has announced a Board of Directors meeting scheduled for August 27, 2026. The primary agenda items include the reclassification of authorized share capital by creating preference share capital, subject to member and regulatory approvals. Additionally, the board will consider the issuance of 46,60,00,000 Unlisted 1% Non-Convertible Preference Shares (NCPS) on a preferential basis, also pending member approval at the upcoming Annual General Meeting and other necessary statutory/regulatory clearances. Consequential alterations to the Memorandum of Association's Capital Clause will also be discussed and approved.