DC Infotech shareholders at their 7th Annual General Meeting approved a significant increase in the company's authorized share capital.

It will rise from ₹17 Cr to ₹36 Cr, allowing for 3.6 crore equity shares of ₹10 each. **Issue:** The company is preparing for potential future capital raising or strategic expansions that would require issuing new shares. **Possible Impact:** This increase provides DC Infotech with the flexibility to raise funds via new equity issues (e.g., rights issue, QIP) in the future, which could be used for growth but may lead to dilution for existing shareholders if and when new shares are actually issued. **Company’s Response:** By approving the capital hike, the company has taken a preparatory step to facilitate future funding needs or strategic growth initiatives.

Shareholders also approved the appointment of Mr. Dilip Vasudeo Gupta as Secretarial Auditor for a five-year term, a standard governance measure. #DCInfotech #CapitalIncrease #InvestorUpdate