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JHS Svendgaard Retail Ventures LimitedOthers, 10-03-2025: Shareholders meeting

10-03-2025 | 04:18 pm

JHS Svendgaard Retail Ventures Limited has scheduled an Extra-Ordinary General Meeting (EGM) on April 3, 2025, via video conference to address key resolutions. Notably, the company aims to increase its authorized share capital from ₹16 crore to ₹20 crore to facilitate future fundraising efforts. Additionally, it plans to issue up to 34.4 lakh fully convertible warrants at a price of ₹45 each, potentially raising around ₹15.48 crore, mainly for expansion and strategic investments. These actions are poised to enhance financial flexibility, signaling a proactive strategy to bolster growth, which may encourage positive investor sentiment.

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