Travels & Rentals Ltd — Updates, 19-05-2025: Company Update

Travels & Rentals Limited has announced a board meeting to approve an increase in its Authorised Share Capital from Rs 12 Cr to Rs 25 Cr to support its growing fund requirements. The Memorandum of Association will be amended accordingly to reflect this change, allowing the Board flexibility to alter capital, subdivide shares, and define related terms. This move aims to provide the company with greater financial capacity for expansion and operational needs, which is significant for shareholders as it sets the stage for potential future capital raising.