Heads UP Ventures Limited — Board Meeting, 22-02-2025: Outcome of Board Meeting

The Board of Directors has convened and approved an increase in the authorized share capital from ₹40 Cr to ₹90 Cr, enabling the issuance of up to 6.64 Cr fully convertible warrants to non-promoter public category investors at an issue price of ₹15 per warrant, aiming to raise ₹99.63 Cr. Additionally, they will seek members’ approval through a postal ballot for these decisions. The notice for the ballot will be shared with stakeholders and available on the company's website. This strategic move is set to enhance the financial resources of the company.