Shashank Traders Ltd Approves Name Change and Substantial Capital Increase at Board Meeting
The Board of Directors of Shashank Traders Limited held a meeting on July 06, 2026, where it approved several major corporate restructuring initiatives. Key among these decisions were the increase in authorized share capital, the proposed company name change, and the adoption of new articles of association (AOA) and memorandum of association (MOA).The Board approved an alteration to the company's Authorized Share Capital. The existing capital, valued at Rs 3,50,00,000/- divided into 35,00,000 Equity Shares of Rs 10/- each, was increased to a total of Rs 50,00,00,000/-, which will be divided into 5,00,00,000 Equity Shares of Rs 10/- each. These...