Sonu Infratech Limited — Board Meeting, 21-02-2025: Outcome of Board Meeting

The Board of Directors of Sonu Infratech Limited has held a meeting where it was resolved to allot 1,908,000 equity shares at ₹75 each, raising ₹14.31 crore on a preferential basis to non-promoters/public. This increases the company’s equity share capital to ₹9.76 crore. Additionally, 3,569,000 fully convertible equity warrants were approved for allotment at the same price, which can be converted into equity shares within 18 months. The Board also acknowledged a cautionary note from the NSE regarding a previous delayed disclosure concerning the appointment of additional directors, stressing the need for improved compliance in the future.