Synthiko Foils Ltd — Important, 03-12-2025: Company Update

Synthiko Foils' shareholders have approved a significant increase in the company's Authorized Share Capital. The capital has been raised from Rs. 1 Cr, comprising 10 lakh equity shares of Rs. 10 each, to Rs. 20 Cr, now representing 2 crore equity shares of Rs. 10 each. This alteration to the company's Memorandum of Association provides greater flexibility for future capital-raising activities, enabling potential expansion or strategic initiatives without needing further amendments to the authorized capital limit. This move sets the stage for potential growth funding.