Genus Paper & Boards Limited — Others, 18-02-2025: Copy of Newspaper Publication

Genus Paper & Boards Limited has announced a board meeting to discuss the cancellation of unissued equity shares and an increase in capital through the issuance of 7% non-cumulative redeemable preference shares via private placement. The company will also propose an alteration to its Articles of Association regarding the appointment of Nominee Directors. This strategic move aims to enhance capital flexibility and governance. Investors may view this as a positive outlook for growth, but should consider potential dilution of existing equity interest. E-voting for these resolutions starts soon, allowing shareholders to influence the decision.