Ashoka Metcast Limited — Others, 07-07-2025: Shareholders meeting

Ashoka Metcast Limited has announced a board meeting to approve a postal ballot for increasing its authorised share capital from Rs. 75 Cr to Rs. 95 Cr, divided into 9.5 crore equity shares of Rs. 10 each. This increase aims to facilitate future share issuance. Members will vote exclusively through remote e-voting, with detailed instructions provided. The company has appointed a scrutinizer to ensure fair conduct of the voting process. This capital raise potential is relevant for shareholders as it supports the company's capacity to raise equity capital for growth or other corporate purposes.