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- Important
- Financial Update
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The Board has approved several strategic initiatives, including increasing authorized share capital from ₹20 Cr to ₹25 Cr. They plan to issue up to 24,27,000 Fully Convertible Warrants at an issue price of ₹247 each, targeting an aggregate amount of ₹59.95 Cr. Additionally, the Board aims to raise funds through Qualified Institutional Placement (QIP), with a target of ₹80 Cr, subject to shareholder approval. A draft notice for an Extraordinary General Meeting has been prepared to seek approval for these proposals.