Heads UP Ventures Limited — Board Meeting, 10-03-2025: Outcome of Board Meeting

The Board of Directors of Heads Up Ventures Limited has approved the increase in authorized share capital to ₹91.70 crores and the acquisition of a 51.37% stake in Gyscoal Enterprise Private Limited (GEPL) through a share swap. This strategic move aims to diversify HUL's portfolio beyond retail, tapping into GEPL’s businesses in energy, minerals, and automobiles, enhancing revenue potential. A postal ballot will be conducted to seek member approval for these resolutions, and Mr. Ankurkumar Gandhi has been appointed as scrutinizer for the process.