Enser Communications Limited — Others, 14-11-2024: Shareholders meeting

Enser Communications Limited has announced a board meeting to seek shareholder approval via postal ballot for several key resolutions. These include increasing the authorized share capital from ₹11 crore to ₹20 crore, issuing bonus shares in a 1:1 ratio (creating 87,16,059 new shares), and splitting the face value of equity shares from ₹10 each to ₹2 each. The e-voting period is set from November 15 to December 14, 2024. This strategic move may enhance liquidity and encourage investor participation, fostering a positive outlook as the company strengthens its capital structure and rewards shareholders.