Shah Foods Ltd has proposed increasing its authorized share capital from 24 Crore to 25.50 Crore.

Additionally, the company plans to issue up to 18,90,410 convertible warrants at 153 each on a preferential basis to the promoter and promoter group, raising up to 28.92 Crore in total consideration.

The board also approved the appointment of M/s. MR & Associates as the secretarial auditor for a five-year term and noted the resignation of Executive Director Mr. Manan Rajesh Patel.

These capital expansion steps provide growth fuel while leadership adjustments streamline operational governance for shareholders.