<h1>Aditya Birla Money Limited Increases Authorized Share Capital, Boosting Capacity</h1>
The Board of Directors of Aditya Birla Money Limited has approved a significant increase in the company's authorized share capital following a meeting held on June 25, 2026. This expansion alters the company’s Memorandum of Association and prepares it for future growth initiatives.
The decision involves expanding both equity and preference shares. The existing Authorized Share Capital of ₹33,00,00,000 is being increased to ₹333,00,00,000 through the creation of additional shares. This expansion incorporates 10,00,00,000 Equity Shares and 2,90,00,000 Preference Shares into the authorized structure.
The company's Authorized Share Capital structure has been updated, resulting in new authorized share counts for both equity and preference components.
| Detail | Existing Authorized Share Capital Structure | Amended Authorized Share Capital Structure |
|---|---|---|
| Total Authorized Capital | ₹33,00,00,000 (Rupees Thirty Three Crore) | ₹333,00,00,000 (Rupees Three Hundred Thirty-Three Crore) |
| Equity Shares | 7,00,00,000 shares of Re.1/- each | 17,00,00,000 shares of Re.1/- each |
| Preference Shares | 26,00,00,000 shares of ₹100/- each | 3,16,00,000 shares of ₹100/- each |
The authorized share capital increase allows the company to restructure and alter its share capital in accordance with relevant corporate laws. The move is subject to shareholder approval and all other statutory requirements.
BIRLAMONEY Stock Price Movement
Aditya Birla Money Limited shares slipped by 0.69% on Thursday, settling at ₹140.87 after shedding ₹0.98 from the previous close. The stock experienced trading activity between a day low of ₹140 and a high of ₹144.39, with 23,009 shares recorded as traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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