Money Masters Leasing & Finance Ltd's board has approved a significant increase in its Authorized Share Capital from Rs. 34 Cr to Rs. 60 Cr.

This expansion allows the company to potentially issue more equity shares in the future, facilitating future growth or fundraising initiatives.

The decision requires shareholder approval via a Postal Ballot, for which a scrutinizer has been appointed.

This move indicates the company's intent to create headroom for capital expansion, vital for its operational flexibility and strategic plans.