ALPHA TRIBE

Rama Phosphates LimitedOthers, 03-01-2025: Amendment to AOA/MOA

03-01-2025 | 05:11 pm

Rama Phosphates Limited has announced a board meeting to address the amendment of its Memorandum and Articles of Association. Shareholders approved the alteration of the Capital Clause, increasing the Authorized Share Capital to ₹41 crore, divided into 6.2 crore Equity Shares of ₹5 each and 1 crore Preference Shares of ₹10 each. This strategic move enhances capital flexibility, potentially bolstering future growth opportunities. Investors may see this as a positive outlook, suggesting an intent to expand operational capacity while aligning governance structures with company objectives.

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