Digikore Studios Limited Board Approves Capital Structure Changes and EGM Convening

Digikore Studios Limited Board Approves Capital Structure Changes and EGM Convening​

On April 08, 2026, the Board of Directors of Digikore Studios Limited held a meeting where several key corporate actions and structural amendments were considered and approved. The company also approved the convening of an Extra-ordinary General Meeting (EGM) to seek shareholder approval for these matters.

The Board considered and approved several business aspects related to the company's capital structure and future financing.

Key resolutions approved by the Board included:

• Increase in Authorized Share Capital: The authorized share capital was approved for an increase from the existing ₹15,00,00,000/- (Rupees Fifteen Crore Only). It is proposed to increase to ₹17,00,00,000/- (Rupees Seventeen Crore Only), comprising 1,70,00,000 (One Crore Seventy Lakh) equity shares with a Face Value of ₹ 10/- (Rupees Ten Only) each. This is subject to the approval of shareholders at the ensuing General Meeting.
• Alteration of Articles of Association (AOA): The Board approved altering the existing Articles of Association. This alteration is intended to authorize the company for further issuance of any kind of securities, as permissible under the Companies Act, 2013, and the rules framed thereunder, in various modes, including Right Issue, preferential offer, private placement, or Qualified Institutional Placement. This remains subject to shareholder approval.
• Preferential Issue Approval: Approval was granted for the issue of Equity Shares to an identified promoter through a preferential issue, adhering to Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. This is contingent upon receiving necessary approvals, including shareholder consent.

In addition to these, the Board took decisions regarding the withdrawal of previous resolutions:

• Withdrawal of Earlier Resolution for Increase in Authorized Share Capital: The Board unanimously resolved to withdraw and rescind a previous special resolution pertaining to increasing the Authorized Share Capital from ₹15,00,00,000 (Rupees Fifteen Crores Only) to ₹25,00,00,000 (Rupees Twenty-Five Crores Only), involving 2,50,00,000 equity shares of ₹10/- each, and the consequent alteration of Clause V of the Memorandum of Association.
• Withdrawal of Earlier Fund-Raising Resolution: The Board approved the withdrawal, rescission, and cancellation of an earlier special resolution that had authorized the creation, offer, issue, and allotment of equity shares and/or other eligible securities, including through promoter warrants and/or QIP, for an aggregate amount up to ₹45 Crores. This withdrawal is subject to shareholder approval.

The company also approved the convening of an Extra-ordinary General Meeting (EGM) on Friday, May 01, 2026, to obtain shareholder approval for the aforementioned matters. Furthermore, the Board appointed Mr. Manoj Soni, Practicing Company Secretary, as the Scrutinizer for conducting the 'Remote E voting' and 'E- voting during the EGM' process.

Details on Promoter Share Issuance​

Annexure A provided details concerning the proposed issuance of securities on a preferential basis to the Promoter, related to the conversion of a loan. The details are summarized below:


The Board meeting commenced at 06:00 P.M and concluded at 07:00 P.M.

DIGIKORE Stock Price Movement​

Today, Digikore Studios Limited shares climbed to close at ₹72.00, marking a solid advance of 2.20%. The stock concluded the session today amid 51,600 shares traded, signaling active post-market interest in the mid-cap firm.

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