ALPHA TRIBE

Sunita Tools LtdImportant, 09-12-2025: Company Update

09-12-2025 | 06:38 pm

Sunita Tools shareholders have approved an increase in the company's Authorised Share Capital. This decision, made at an Extra Ordinary General Meeting, alters the Memorandum of Association. The Authorised Share Capital has increased from ₹7 crore (70 lakh equity shares) to ₹8 crore (80 lakh equity shares), each valued at ₹10. This move provides the company with greater flexibility for future fundraising and potential expansion initiatives, enabling it to issue more shares as needed for growth.

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