Pashupati Cotspin Limited: Authorised Share Capital Increased to ₹16 Crore
Pashupati Cotspin Limited has amended its Memorandum of Association, increasing its authorized share capital to ₹16 Crore. This consists of 16 Crore equity shares of Re. 1 each. The change follows member approvals and references earlier board meetings and scrutiny reports.
The alteration of authorized share capital is a procedural step and does not immediately impact the company's financials or operations without a subsequent issuance of shares.
The announcement details an administrative change in the company's authorized share capital, which is a routine corporate action and does not inherently imply positive or negative performance.
Pashupati Cotspin Limited has informed the stock exchanges about the alteration of the Capital Clause of its Memorandum of Association (MOA).
Following the requisite approvals from the Company's Members and referencing the earlier Board Meeting outcome on February 26, 2026, and the Scrutinizer's Report dated March 30, 2026, the MOA has been amended. The existing Clause V, pertaining to Authorized Share Capital, has been substituted. The new clause states that the Share Capital of the Company shall be ₹16,00,00,000 (Rupees Sixteen Crores) divided into 16,00,00,000 (Sixteen Crores) Equity Shares of Re. 1/- (Rupee One) each.
This information is also available on the company's website, www.pashupaticotspin.com.
What to do with a filing like this
Pashupati Cotspin Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Pashupati Cotspin Limited. Read the original for the full detail.