Money Masters Leasing & Finance Seeks Shareholder Approval for Authorized Share Capital Increase
Money Masters Leasing & Finance Limited proposes to increase its authorized share capital from Rs. 34.00 crore to Rs. 60.00 crore, a 76.47% increase. The plan involves raising the number of authorized equity shares by 26 crore while maintaining the same number of preference shares. Shareholder approval is required through a postal ballot, with e-voting scheduled from July 24 to August 22, 2025. If approved, this would amend Clause V of the company's Memorandum of Association, potentially allowing for future capital raising to support long-term business requirements.