Websol energy board to consider share split, capital clause changes

Websol Energy System Limited's board of directors is scheduled to convene on Monday, September 1, 2025, at 2:30 P.M. The meeting, to be held via video conferencing or other audio-visual means, will focus on two key proposals.

The first proposal involves the alteration of the company's share capital through a sub-division or split of existing equity shares, each currently having a face value of INR 10. This change, which will be fully paid up, requires approval from the company's members and adherence to Section 61 of the Companies Act, 2013.

Additionally, the board will consider an alteration to the Capital Clause within the company's Memorandum of Association. This modification is subject to the approval of shareholders and relevant authorities, as per Sections 13, 61, and 64 of the Companies Act, 2013, along with applicable rules. The meeting will also address other business items.