MFS Intercorp Ltd — Important, 29-01-2026: Company Update

MFS Intercorp's board meeting approved a significant increase in its Authorised Share Capital. It will rise from ₹5 crore (50 lakh equity shares of ₹10 each) to ₹15.10 crore (1.51 crore equity shares of ₹10 each). This change, which will also alter the Memorandum of Association, is subject to approval from the company's shareholders via a postal ballot. The board also approved the postal ballot notice and appointed a scrutinizer to ensure a fair process. This capital expansion provides the company with greater flexibility for future fundraising and growth initiatives.