UpdatesCompany Update
Shareholders have approved a substantial increase in the company's authorized share capital, raising it from Rs. 8 Cr to Rs. 60 Cr.
Rajasthan Tube Manufacturing Company Ltd530253 · Filed with the exchange
This significant boost provides the company with greater flexibility for future capital-raising activities, such as issuing new shares.
It prepares the company for potential growth initiatives, business expansion, or other corporate funding requirements without needing further approvals for the authorized limit.
This strategic move strengthens the company's financial planning capabilities.
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