Anand Rathi Wealth Limited Increases Authorized Share Capital to ₹100 Crore
Anand Rathi Wealth Limited's members approved increasing the authorized share capital from ₹50 crore to ₹100 crore at the AGM held on 21 May 2026. This was achieved by creating 10,00,00,000 new equity shares of ₹5 each. The 'Capital Clause' of the Memorandum of Association has been altered to reflect this change.
Increasing authorized share capital provides the company with greater financial flexibility for future growth and strategic initiatives.
The announcement conveys a positive corporate action that increases the financial flexibility of the company.
Anand Rathi Wealth Limited announced that during the 31st Annual General Meeting held on 21 May 2026, the members approved the increase in the authorized share capital of the Company from ₹50 crore to ₹100 crore. This increase was achieved by creating 10,00,00,000 new equity shares of ₹5 each. Consequently, Clause V, the 'Capital Clause' of the Memorandum of Association (MoA), has been altered to reflect the new authorized share capital. 21 May 2026, the members passed resolutions for increase in authorized share capital of the Company from ₹50,00,00,000/- (Rupees Fifty Crores Only) comprised of 10,00,00,000 (Ten Crores) equity shares of ₹5/- each to ₹100,00,00,000/- (Rupees One Hundred Crores Only) comprised of 20,00,00,000 (Twenty Crore Only) equity shares of ₹5/- each by creation of 10,00,00,000 (Ten Crores) new equity shares of ₹5/- each and consequent alteration of the Clause V i.e. “Capital Clause” of the Memorandum of Association (“MoA”) of the Company.
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Anand Rathi Wealth Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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