Rbm Infracon Limited — Board Meeting, 19-02-2025: Outcome of Board Meeting

RBM Infracon Limited's board meeting resulted in significant decisions. The board approved the issuance of up to 50,00,000 Fully Convertible Warrants at ₹580 each, totaling approximately ₹290 crore, to be issued on a preferential basis. Additionally, they appointed M/s. Patel Jain & Associates as Joint Statutory Auditors for the fiscal year 2024-25. An Extra Ordinary General Meeting is set for March 21, 2025, to seek shareholder approval for the preferential issue. NSDL will serve as the Remote E-Voting Agency for this upcoming meeting.