ALPHA TRIBE

Suraj Industries LtdImportant, 26-08-2025: Company Update

26-08-2025 | 07:09 pm

Suraj Industries' shareholders, at their 33rd Annual General Meeting, approved an important amendment to the company's Memorandum of Association. This change specifically updates Clause V, now establishing the authorized share capital at Rs. 50 Crore, divided into 5 Crore equity shares, each valued at Rs. 10. This crucial update provides a clear framework for the company's maximum equity capital, defining its capacity for future share issuance and capital raising activities without needing immediate additional shareholder consent for increases up to this set limit.

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