Mos Utility Limited — Board Meeting, 11-06-2025: Outcome of Board Meeting

MOS Utility has announced a board meeting where it approved raising authorized share capital from ₹50 Cr to ₹75 Cr and a share split from ₹10 to ₹2 face value to improve liquidity and attract retail investors. A 1:1 bonus issue will double equity shares and paid-up capital to over ₹51 Cr, pending approvals. The board also approved preferential allotment of 8.08 lakh shares at ₹290 each as part payment for acquiring additional subsidiary stake. Paras Vinod Chhadwa will join as an Independent Director. An EGM is set for July 7 via video conference.