Containe Technologies Seeks Shareholder Approval to Double Authorized Share Capital
Containe Technologies Limited's Board has approved a postal ballot notice seeking shareholder consent to increase the authorized share capital from Rs. 10 crore to Rs. 20 crore. The number of equity shares would double from 1 crore to 2 crore, maintaining a face value of Rs. 10 each. The board meeting on July 23, 2025, also appointed Mrs. Rashida Adenwala as the scrutinizer for the postal ballot process. This decision, initially approved on May 13, 2025, requires amendments to the company's Memorandum of Association.