Chothani Foods has informed that the Board of Directors at its meeting held on 31/07/2023 approved the increase of authorised share capital from existing Rs 5,50,00,000 divided into 55,00,000 Equity Shares of Rs. 10 each to Rs. 10,50,00,000 divided into 1,05,00,000 Equity Shares of Rs 10 each by creation of additional 50,00,000 Equity Shares of Rs. 10/- each. Accordingly, the Capital Clause V(a) of the Memorandum of Association will also be placed subject to the approval of the shareholders of the Company at the ensuring EGM; alteration of Articles of Association of the Company by adding the sub clause 14(3) after sub clause 14(2) subject to the approval of shareholders of the company at the ensuring EGM; etc.
The above information is a part of company’s filings submitted to BSE.
