Enbee Trade & Finance Limited , a Mumbai-based financial services company, has announced significant changes to its capital structure following shareholder approval at its Annual General Meeting (AGM) held on September 3, 2025.

Key Developments

1. Authorized Share Capital Increase: Shareholders approved an increase in the company's authorized share capital from Rs. 60.00 crores to Rs. 180.00 crores, tripling its previous limit.

2. Stock Split: The face value of the company's shares has been reduced from Rs. 10.00 to Re. 1.00 each, effectively implementing a 10-for-1 stock split.

3. Memorandum of Association Amendment: The capital clause in the company's Memorandum of Association has been altered to reflect these changes.

Shareholder Approval and Voting Results

The resolutions were passed with overwhelming shareholder support. The voting results show:

Other Key Decisions

In addition to the capital structure changes, shareholders also approved several other important resolutions:

1. Appointment of Statutory Auditors: M/S HPVS & Associates, Chartered Accountants (FRN: 137533W), were appointed as the company's statutory auditors.

2. Appointment of Secretarial Auditors: M/S Feni Shah & Associates were appointed as the company's secretarial auditors.

3. Related Party Transactions: Shareholders approved and ratified related party transactions with Narendra Gala HUF, a member of the promoter group.

4. Investment Powers: The company received approval to invest in various asset classes including property, gold, and commodities.

5. Loan Conversion: A special resolution was passed allowing for the conversion of loans into shares or convertible instruments.

Management Commentary

Amarr Narendra Galla, the Managing Director of Enbee Trade & Finance Limited, signed off on the AGM results, indicating the management's alignment with these strategic decisions.

Implications

The tripling of authorized share capital and the stock split are significant moves that could potentially improve the stock's liquidity and make it more accessible to a broader range of investors. These changes may also signal the company's plans for future growth and capital raising activities.

Investors and market watchers will likely keep a close eye on how Enbee Trade & Finance Limited utilizes this expanded capital base and whether it leads to new business initiatives or expansion plans in the near future.

Enbee Trade & Finance Limited , a company listed on the BSE with scrip code 512441, has scheduled a crucial Board of Directors meeting for August 1, 2025. The meeting agenda covers several important topics, including changes in company leadership, financial results, and a potential business expansion.

Director Resignation

One of the key items on the agenda is the resignation of Mr. Rakesh Kumar Dinesh Mishra, who has served as a Non-Executive Independent Director. According to the company's official communication to the BSE, Mr. Mishra's resignation will take effect from July 28, 2025. In his resignation letter, Mr. Mishra cited "some other commitments" as the reason for his departure, with no other material reasons provided.

Financial Results Review

The board will consider the company's unaudited financial results for the quarter ended June 30, 2025. This review is a standard practice for listed companies and provides investors with insights into the company's recent financial performance.

Auditor Appointments

Two significant appointments are on the meeting agenda:

1. M/s Feni Shah & Associates is proposed to be appointed as the Secretarial Auditor.
2. M/s H P V S & Associates is set to be appointed as the Statutory Auditor.

These appointments are crucial for ensuring proper financial and regulatory compliance for the company.

Business Expansion Plans

In a notable development, Enbee Trade & Finance Limited is considering entering the two-wheeler loan segment of the automotive finance sector. This move could potentially diversify the company's portfolio and open up new revenue streams in the growing automotive finance market.

Trading Window Closure

As per SEBI regulations, the company has closed the trading window for its securities. This closure will remain in effect until 48 hours after the announcement of the financial results, ensuring fair trading practices and preventing insider trading.

The upcoming board meeting signals significant changes for Enbee Trade & Finance Limited, from leadership transitions to potential business expansions. Investors and market watchers will be keen to see the outcomes of this meeting and their impact on the company's future direction.