U. Y. Fincorp Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

The Board of Directors of U.Y. Fincorp Limited has approved an increase in authorized share capital from ₹100 crores to ₹225 crores, with a subsequent adjustment to the Memorandum of Association, pending shareholder approval. Additionally, a proposal to raise funds through a Qualified Institutional Placement of equity shares, amounting up to ₹300 crores across multiple tranches, has been sanctioned, also contingent on shareholder consent. A Postal Ballot Notice for shareholder approval of these matters was approved.