ALPHA TRIBE

Sanchay Finvest LtdImportant, 09-01-2026: Company Update

09-01-2026 | 07:20 pm

Sanchay Finvest's board approved a preferential issue of 48.50 lakh equity shares at ₹10 each, aiming to raise ₹4.85 Cr from five non-promoter investors. To facilitate this, the company will increase its authorized capital from ₹8 Cr to ₹12 Cr, subject to shareholder approval. This capital raise is crucial for accommodating the fresh equity issue and strengthening the company's financial position. Additionally, the company is changing its registered office from Madhya Pradesh to Maharashtra. An Extra-ordinary General Meeting is scheduled for February 9 to seek necessary shareholder approvals for these proposals.

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