Astal Laboratories Ltd — Important, 09-11-2025: Company Update
09-11-2025 | 09:00 pm
09-11-2025 | 09:00 pm
Astal Laboratories Limited shareholders have approved a significant increase in the company's authorized share capital. The capital clause in the Memorandum of Association has been altered, raising the authorized capital from Rs. 20 Cr (2 crore shares of Re. 10 each) to Rs. 50 Cr (5 crore shares of Re. 10 each). This expansion provides the company with greater flexibility and capacity to issue new equity shares in the future, supporting potential growth plans or funding needs. This move is key for future capital-raising opportunities.
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