Key Highlights
- It must be noted that there were no fresh fundamental triggers which led to the volatility in the small-cap stock today.
- In an exchange filing dated 16 January, the company said that shareholders at an Extraordinary General Meeting held on 14 January approved an increase in authorised share capital, a change in the company’s name, a shift in its registered office, amendments to the object clause, and the appointment of a new auditor.
- The members approved an increase in Authorised Share Capital of the company from ₹12,00,00,000 divided into 12,00,00,00 equity shares of Re.1 each toRs 36,00,00,000 divided into 36,00,00,00 equity shares of Re.
- 1 each.
- Subject to the approvals of the Central Government and/or any authorities as may be prescribed from time to time, the Registered Office of the company will be shifted from the State of Maharashtra to the State of Meghalaya.
