Marc Loire Fashions Limited convened its first Extra-Ordinary General Meeting (EGM) for FY27 on October 10, 2026, seeking shareholder approval to increase its authorised share capital. The proposal aims to raise the limit from ₹8 crore to ₹20 crore, a 150% expansion in the company's capital structure ceiling.

Capital structure expansion

The primary agenda item involved amending Clause V of the Memorandum of Association to reflect the new capital limits. The current authorised capital stands at ₹8,00,00,000, divided into 80,00,000 equity shares of ₹10 each. The proposed increase would expand this to ₹20,00,00,000, divided into 2,00,00,000 equity shares of ₹10 each.

Management clarified that this increase does not constitute an immediate issue or allotment of additional equity shares. Instead, it provides the flexibility to address future capital requirements and facilitate potential capital-raising opportunities, subject to separate regulatory approvals and legal requirements.

Meeting proceedings and voting

The EGM was conducted via Video Conferencing and Other Audio-Visual Means (VC/OAVM), with the registered office in New Delhi deemed the venue. Mr. Arvind Kamboj, Managing Director, chaired the meeting, which commenced at 11:30 am and concluded at 11:51 am.

Key attendees included:

• Mrs. Shaina Malhotra, Whole-time Director
• Mr. Rachit Choudhary, Chief Financial Officer
• Mrs. Shreya Bhargava, Company Secretary and Compliance Officer

Remote e-voting was available through the National Securities Depository Limited (NSDL) platform from October 6, 2026, at 9:00 am until October 9, 2026, at 5:00 pm. Members who did not vote remotely could cast their votes during the meeting and for 15 minutes thereafter. M/s MRS & Associates served as the Scrutinizer for the voting process.

What the numbers show

The proposed increase represents a 2.5x jump in authorised capital capacity, expanding the potential share count by 1.2 crore units while maintaining the face value at ₹10. This significant headroom suggests the company is positioning itself for substantial equity issuance or strategic investments in the near term, although no specific quantum or timeline for such issuance was disclosed in the explanatory statement.

Marc Loire Fashions Limited appointed Mrs. Shreya Bhargava as Company Secretary and Compliance Officer effective October 9, 2026. The appointment follows the resignation of the previous officer earlier in the week.

The Board of Directors approved the appointment on Friday, October 9, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mrs. Bhargava joins as Key Managerial Personnel (KMP) with immediate effect.

Succession details

The appointment comes after CS Vasant Kuber Soni resigned from his role as Company Secretary and Compliance Officer with effect from October 6, 2026. The company had previously informed stock exchanges about this resignation via a letter dated October 7, 2026.

Mrs. Bhargava is a qualified Company Secretary from the Institute of Company Secretaries of India (ICSI), holding Membership No. A72931. Her profile highlights expertise in Securities Law, Corporate Laws, and secretarial activities. The company disclosed that she is not related to any director of Marc Loire Fashions.

Regulatory compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely reporting of material events, including changes in Key Managerial Personnel. The filing references Part A of Schedule III of the said Regulations and a specific SEBI circular dated January 30, 2026, regarding disclosure formats.

The Managing Director, Arvind Kamboj, signed the intimation to the Bombay Stock Exchange. The company continues to maintain its listing obligations through this transition in its corporate secretarial leadership.