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Sunshine Capital Limited proposes share consolidation and Memorandum alteration, pending approvals
24-Aug-2026, 08:57
Sunshine Capital Limited will seek shareholder approval for a proposal to consolidate its existing equity shares with a face value of Rs 1 each into equity shares with a face value of Rs 10 each, according to a regulatory filing with the Bombay Stock Exchange on August 24, 2026; the company will also propose an alteration to its Memorandum of Association’s Capital Clause, subject to statutory and regulatory approvals.
Sunshine Capital Limited will seek shareholder approval for a proposal to consolidate its existing equity shares with a face value of Rs 1 each into equity shares with a face value of Rs 10 each, according to a regulatory filing with the Bombay Stock Exchange on August 24, 2026; the company will also propose an alteration to its Memorandum of Association’s Capital Clause, subject to statutory and regulatory approvals.