Ashoka Metcast Limited — Board Meeting, 04-07-2025: Outcome of Board Meeting

Ashoka Metcast has announced a board meeting on July 4, 2025, approving a proposal to increase its authorized share capital from Rs. 75 Cr to Rs. 95 Cr, expanding equity shares from 7.5 crore to 9.5 crore with a face value of Rs. 10 each, subject to shareholder approval. The company will initiate a postal ballot process for this purpose, appointing Mr. Chintan K. Patel as the scrutinizer to oversee e-voting. Key dates for the postal ballot and e-voting have also been fixed, marking the next steps toward capital expansion.