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Shalibhadra Finance Limited has announced the successful approval of two key shareholder resolutions at its 3rd Extra Ordinary General Meeting held through video conferencing. The company received unanimous support to increase its authorized share capital from Rs. 8 Cr to Rs. 31 Cr, enabling future fundraising and business expansion. Additionally, shareholders approved a 3:1 bonus share issue, enhancing shareholder value by allotting three new shares for every one held. These strategic moves strengthen the company’s capital base and are positive for long-term growth and investor confidence.