Som Datt Finance Corporation Ltd. Expands Authorized Share Capital to ₹500 Million

Som Dutt Finance Corporation Ltd. has decided to increase its authorized share capital to ₹500 million which indicates the company is looking to continue with growth and financial stability. The company made this choice to strengthen its investment and lending verticals to continue the growth model within the financial industry.

 

1. Change in Authorized Share Capital

Som Dutt Finance Corporation Ltd. has increased its authorized share capital to ₹500 million, which shows the level of growth available for the future. The decision was made in a prior board meeting and shows management believes the finance corporation is on a positive trend in out,

 

2. Focus on Growth

Som Dutt Finance Corporation Ltd. is providing investment and credit services and intends to optimize their financial foundation. The company will increase the portfolio in line with changing developments in the finance and investment segment.

 

3. Future Expectations

The capitalization will increase liquid capital for Investors in fear of not enough liquidity with inverse cash flow.

The company will continue to increase the company's market presence, as did the improvement of operational efficiency with a increasing capacity.

 

Source: Screener, BSE India