Parmax Pharma Ltd — Important, 02-07-2026: Company Update

Parmax Pharma Limited's shareholders approved key changes to its founding documents. The authorized share capital was increased from Rs. 6 Crore (60 lakh shares) to Rs. 10 Crore (1 Crore shares) of Rs. 10 each. This crucial step provides the company with greater flexibility for potential future capital raises. Additionally, a new set of Articles of Association was adopted to update and align the company's internal governance rules with current corporate legal frameworks, replacing outdated provisions. This ensures compliance and simplifies future operational decisions for stakeholders.