Gujarat Toolroom Ltd — Others, 17-06-2025: AGM/EGM
17-06-2025 | 01:49 pm
17-06-2025 | 01:49 pm
Gujarat Toolroom Limited has announced the approval by shareholders to increase its Authorised Share Capital and alter the corresponding clause in the Memorandum of Association. The resolution was passed through a postal ballot via remote e-voting, with 89.76% votes in favor and 10.24% against. This increase in authorised capital will provide the company with greater flexibility to raise funds or issue new shares in future, supporting potential growth and expansion plans. The successful approval is a positive step for shareholders as it enables strategic capital management.
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