BGR Energy Systems Limited Increases Authorized Share Capital to ₹200 Crores
BGR Energy Systems Limited has successfully increased its authorized share capital and altered the relevant clause of its Memorandum of Association. The company's members approved this resolution through a Postal Ballot Notice issued on May 25, 2026.The resolution was deemed passed on July 5, 2026, which was the final day of the e-voting period. This strategic capital restructuring involves doubling the authorized share capital of the company.
According to details provided regarding the amendments to the Memorandum of Association, the changes to Clause V(a) are as follows:
| Clause No | Before Amendment | After Amendment |
|---|---|---|
| V(a) | The Authorized Share Capital was ₹1,00,00,00,000/- (Rupees One Hundred Crores only), divided into 10,00,00,000 (Ten Crores only) equity shares of face value ₹10/-. | The Authorized Share Capital is ₹2,00,00,00,000/- (Rupees Two Hundred Crores only), divided into 20,00,00,000 (Twenty Crores only) equity shares of face value ₹10/-. |
The company’s authorized capital has been increased from ₹1,00,00,00,000 to ₹2,00,00,00,000, allowing for greater corporate expansion and future capitalization needs.
BGRENERGY Stock Price Movement
Today, shares of BGR Energy Systems Limited shed 2.04% of their value in the post-market session, settling at ₹299. The stock traded a volume of 57,390 shares 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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