Sanchay Finvest Ltd — Important, 05-01-2026: Company Update
05-01-2026 | 10:08 pm
05-01-2026 | 10:08 pm
The company's Board has approved increasing its authorized capital from Rs. 8 Cr to Rs. 12 Cr. This move facilitates a preferential issue of 48,50,000 equity shares at Rs. 10 each, totaling Rs. 4.85 Cr. These shares will be allotted to five non-promoter investors. This capital infusion is intended to strengthen the company's financial position and support future operations. An Extraordinary General Meeting will be convened to seek shareholder approvals for these proposals, including the capital alteration and preferential issue. The Board also approved a change in the company’s registered office.
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