Shalibhadra Finance Ltd — Others, 29-04-2025: AGM/EGM
29-04-2025 | 02:29 pm
29-04-2025 | 02:29 pm
Shalibhadra Finance Limited has announced a board meeting to discuss significant matters, including a proposed increase in authorized share capital from ₹8 crores to ₹31 crores. This would enable the company to expand and issue bonus equity shares in a ratio of 3:1 for existing shareholders, effectively rewarding them and enhancing liquidity. The bonus shares will be fully paid-up and credited electronically, promoting broader participation among smaller investors. This strategic move aligns with the company's growth trajectory and aims to strengthen shareholder value.
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