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Corporate Action13 Oct 2026, 07:30 am

KS Smart Technologies Increases Authorized Capital by ₹100 Crore

AI Summary

KS Smart Technologies Ltd has successfully increased its authorized share capital from ₹1,650 crore to ₹1,750 crore, marking a ₹100 crore enhancement. This alteration to Clause V of the Memorandum of Association was approved by the company's members via an ordinary resolution passed through postal ballot (remote e-voting) on October 11, 2026. The company had previously received board approval for this increase on September 11, 2026. This move is a corporate action that provides the company with greater financial flexibility for future growth and strategic initiatives.

Key Highlights

  • Authorized capital increased by ₹100 crore.
  • New authorized capital stands at ₹1,750 crore.
  • Members approved the change via postal ballot on October 11, 2026.
  • The alteration affects the Memorandum of Association.