Kitex Garments Limited — Others, 04-08-2025: Amendment to AOA/MOA
04-08-2025 | 06:57 pm
04-08-2025 | 06:57 pm
Kitex Garments' Board has approved increasing the company's authorized share capital from ₹25 crore to ₹50 crore. This move, pending shareholder approval at the upcoming Annual General Meeting, significantly expands the company's capacity to issue new shares in the future. This flexibility is crucial for potential fundraising, strategic expansions, or other corporate actions, positioning the company for future growth opportunities and providing a larger pool of shares for potential capital requirements.
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