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Created: 2025-07-23 11:55:26 UTC

Springform Tech Unveils Key Strategic Updates: Capital Expansion, Auditors & Office Shift 📈 | MCap XXXX Cr

- Authorised Share Capital increased from ₹5,00,000 to ₹10,10,00,000.
- Approval to issue up to 1,00,50,000 equity shares at ₹10 per share (total ₹10,05,00,000).
- Object Clause updated to include new business activities.
- Registered Office may shift from Mumbai to New Delhi for operational convenience.
- Borrowing limit raised to ₹100 Crores for working capital and capital expenditure.
- Approval for loans/guarantees/investments up to ₹100 Crores.
- Material Related Party Transaction approved with Inertia Aluminium Private Limited.
- M/s Ajay K. Kapoor & Company appointed as Statutory Auditors for X years (AGM 2025 to AGM 2030).
- Ritika Wasson & Co. named Secretarial Auditors for X years (FY 2025-26 to FY 2029-30).

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