ALPHA TRIBE

Sylvan Plyboard (India) LimitedOthers, 02-08-2025: Shareholders meeting

02-08-2025 | 02:56 pm

Sylvan Plyboard (India) Ltd. shareholders have approved a Special Resolution through remote e-voting to increase the company's authorized share capital. The capital will rise from Rs. 20 Cr (2 Cr shares) to Rs. 30 Cr (3 Cr shares), by creating an additional 1 Cr equity shares of Rs. 10 each. This move enhances the company's flexibility to issue more shares in the future, paving the way for potential fundraising or business expansion initiatives. This decision is crucial for future growth strategies and financial maneuverability.

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