HRH Next Services Limited — Important, 12-02-2025: General Updates

The Board of HRH Next Services Limited has approved significant changes, including an increase in Authorised Share Capital from ₹16 crore to ₹25 crore, subject to member consent. The company plans to raise up to ₹50 crore through a Rights Issue for eligible shareholders. A postal ballot will be conducted to secure the necessary approvals. Additionally, Mrs. Rashida Adenwala has been appointed as Scrutinizer for the ballot, and Ms. Jyoti Das has been reappointed as an External Member of the Internal Complaints Committee. The Board also acknowledged a Call Centre Service Agreement with Urbanrise Lifestyles, set for a duration of three months, enhancing operational capabilities. These developments suggest a proactive approach towards growth and operational efficiency, indicating a positive outlook for stakeholders.