ALPHA TRIBE

Shradha Infraprojects LimitedOthers, 31-01-2025: Amendment to AOA/MOA

31-01-2025 | 04:17 pm

Shradha Infraprojects Limited has announced a board meeting to discuss amendments to the Capital Clause V of the Memorandum of Association, following shareholder approval for an increase in authorized share capital. The authorized share capital is revised to ₹25 crore, divided into 12.5 crore equity shares of ₹2 each. This move is likely to provide the company with increased flexibility for future financing and growth initiatives. Investors may view this positively as it opens up opportunities for equity fundraising, potentially enhancing the company’s financial stability and growth trajectory.

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