Shyamkamal Investments Limited has issued an addendum to its Annual General Meeting (AGM) notice, seeking shareholder approval to significantly expand its authorised share capital. The resolution will be considered at the AGM scheduled for September 26, 2026.

The company proposes increasing its authorised equity share capital from the existing ₹52 crore to ₹152 crore. This expansion involves raising the number of equity shares from 5.2 crore to 15.2 crore, with each share maintaining a face value of ₹10. The new shares will rank pari passu in all respects with the existing shares.

Corporate Action Details

The addendum was circulated on September 17, 2026, in compliance with the Companies Act, 2013. It introduces Agenda Item No. 5 as a special business item for the upcoming AGM. The meeting is scheduled to be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) at 4:00 pm.

Upon approval, the Memorandum of Association will be altered to reflect the increased capital limit. The Board of Directors has been authorised to take all necessary steps to give effect to this resolution without further shareholder consent.

Rationale and Governance

The explanatory statement cites "requirement and future business prospects" as the basis for the proposed capital increase. This move provides the company with greater headroom for potential equity issuances, such as rights issues or private placements, without requiring immediate shareholder approval for each instance.

None of the directors, key managerial personnel, or their relatives are deemed concerned or interested in the resolution, except to the extent of their existing shareholding in the company. The other contents of the original AGM notice remain unchanged.

Shyamkamal Investments has announced the book closure period for its 44th Annual General Meeting. The company’s register of members and share transfer books will remain closed from Saturday, September 19, 2026, to Saturday, September 26, 2026.

This closure is necessary to determine shareholders eligible for receiving the meeting notice and those entitled to participate in e-voting. The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates

The company has specified distinct cut-off dates for different purposes related to the annual general meeting. Shareholders must ensure their holdings are registered before these deadlines to exercise voting rights or receive communications.

The managing director, Jatinbhai Virendrabhai Shah, signed the disclosure filed with BSE Limited on September 1, 2026. The equity scrip code for the company is 505515.