Bhakti Gems and Jewellery Ltd — Important, 09-12-2025: Company Update

Hindustan Motors Financial Corporation Limited seeks shareholder approval via postal ballot for key capital structure changes. The company plans to reclassify its authorised share capital to comprise 30 Crore equity shares of Re. 1/- each. Additionally, it proposes to issue up to 12 Crore new equity shares, priced at Re. 1/- each, through a Rights Issue. This initiative aims to raise up to Rs. 12 Crore, earmarked for long-term working capital requirements and general corporate purposes. The board believes these steps are beneficial for the company, aligning its capital structure and strengthening its financial position.