Gautam Exim Limited Approves Share Sub-division and Capital Increase
Published on: May 2, 2026, 12:51 p.m. | Source: scanx.trade
Gautam Exim Limited has announced alterations to its capital structure following approval from shareholders at an Extra Ordinary General Meeting held on April 30, 2026. The company's equity shares will be sub-divided from a face value of Rs. 10 each to Rs. 5 each, effectively doubling the number of shares in the authorized share capital from 50,00,000 to 1,00,00,000. Additionally, the authorized share capital has been increased from Rs. 5,00,00,000 to Rs. 13,00,00,000, divided into 2,60,00,000 equity shares of Rs. 5 each. These changes were made to facilitate the sub-division of shares and the subsequent issue of bonus shares, with consequential alterations to the Capital Clause (Clause V) of the Memorandum of Association.
