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Typhoon Financial Services Limited’s board approves increased share capital and borrowing limit
12-Oct-2026, 07:21
Typhoon Financial Services Limited, a company incorporated in India with CIN L65923GJ1990PLC014790, announced that its board of directors approved an increase in the authorized share capital from Rs 3,25,00,000 divided into 32,50,000 equity shares of Rs 10 each to Rs 5,55,00,000 divided into 55,50,000 equity shares of Rs 10 each, along with alterations to its Memorandum of Association and adoption of new Articles of Association, all subject to shareholder approval via postal ballot. The board also approved raising the borrowing limit to Rs 1,00,00,00,000 and appointed M/s. Prasad and Partners LLP as the scrutinizer for the postal ballot process.