ALPHA TRIBE

HRH Next Services LimitedOthers, 12-02-2025: Increase in Authorised Capital

12-02-2025 | 05:33 pm

HRH Next Services Limited's Board has approved an increase in Authorized Share Capital from ₹16 Cr to ₹25 Cr and plans to raise up to ₹50 Cr through a Rights Issue of equity shares. A notice for a postal ballot will be sent to shareholders for their consent on the capital increase. Additionally, Mrs. Rashida Adenwala has been appointed as Scrutinizer for the ballot, and Ms. Jyoti Das has been reappointed as an External Member of the Internal Complaints Committee. The approval reflects strategic initiatives to strengthen capital structure, potentially enhancing liquidity and investor confidence.

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