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Foce India LimitedBoard Meeting, 26-12-2024: Outcome of Board Meeting

26-12-2024 | 06:36 pm

Foce India Limited has announced a board meeting outcome indicating key approvals. The board has approved an increase in authorized share capital from ₹5.52 crore to ₹12 crore, enabling potential expansion, pending shareholder consent. Additionally, alterations to the Articles of Association for share issuance were approved, along with the notice for an extraordinary general meeting and the appointment of a scrutinizer for the voting process. These decisions reflect the company's strategic move towards enhancing capital structure and governance in preparation for future growth initiatives.

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