The authorized share capital is the most extreme measure of share capital that a company will raise through the problem of shares to its shareholders. Authorized share capital is mentioned within the note of Association of the company. The company can raise capital up to this sum.

But a company could, throughout its course of business operation, need extra capital for its growth, meet working capital requirements, etc. A Change in Authorized Capital of Company is required for the provision of new shares and inducing a lot of capital into the company.

This method is difficult and time-consuming because it requires permissions of the Registrar of companies (ROC) and different filing requirements. LegalRaasta will help you with a change in Authorized Capital of Company.