Shradha Infraprojects Limited — Others, 20-11-2024: Amendment to AOA/MOA

Shradha Infraprojects Limited has announced a board meeting to disclose the approval of the shareholders for the subdivision of equity shares, resulting in the alteration of Clause V of the Memorandum of Association. The company's authorized share capital remains at Rs. 11 crore, now divided into 5.5 crore equity shares of Rs. 2 each. This strategic move aims to enhance liquidity and make shares more accessible, potentially attracting a larger pool of investors. Overall, this update could generate a positive outlook among investors, reflecting an initiative to boost shareholder interests and facilitate market participation.