Rungta Irrigation Ltd. Board Approves Increase in Authorized Share Capital
Rungta Irrigation Ltd. announced Friday, March 27, 2026, that its Board of Directors approved a plan to increase the company’s authorized share capital. The increase will raise the authorized capital from Rs. 20,00,00,000, divided into 2,00,00,000 equity shares, to Rs. 40,00,00,000, divided into 4,00,00,000 equity shares. The face value of each share will remain Rs. 10.The board approved a postal ballot notice to seek shareholder approval for the capital increase and consequential amendment to the memorandum of association. Ishant & Associates, a practicing Company Secretary, has been appointed as the scrutinizer for the postal ballot process.
A cut-off date of Friday, March 27, 2026, was set to determine eligible shareholders for receiving the postal ballot notice and for E-voting. Shareholders will be able to cast their votes electronically through the NSDL E-Voting Platform.
The E-Voting period will run from Thursday, April 2, 2026, to Friday, May 1, 2026. The cut-off date for E-Voting remains Friday, March 27, 2026.
The Board Meeting began at 2:30 p.m. and concluded at 3:35 p.m.
| S. No. | Particulars | Details |
|---|---|---|
| 1 | E-Voting Start Date | Thursday, April 2, 2026 |
| 2 | E-Voting End Date | Friday, May 1, 2026 |
| 3 | Cut-off date for E- Voting | Friday, March 27, 2026 |
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