Trans India House Impex Ltd — Updates, 03-05-2025: Company Update
03-05-2025 | 07:31 pm
03-05-2025 | 07:31 pm
Trans India House Impex Limited has announced a board meeting approving an increase in its authorized share capital from Rs. 60 Cr to Rs. 72 Cr, subject to shareholder approval. This change will also amend the Capital Clause of the Memorandum of Association accordingly. The company initiated a postal ballot process to seek shareholder approval for these changes, with Kunal Sharma appointed as the scrutinizer to ensure a transparent remote e-voting process. The increase in authorized capital signals capacity for future equity raising, which could support business expansion or financial restructuring.
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