ALPHA TRIBE

HRH Next Services LimitedOthers, 12-02-2025: Shareholders meeting

12-02-2025 | 05:39 pm

HRH Next Services Limited's Board has approved a significant increase in its Authorized Share Capital from ₹16 crores to ₹25 crores. The company plans to raise up to ₹50 crores through a Rights Issue of equity shares, subject to member consent and necessary approvals. Additionally, a postal ballot will be conducted to obtain shareholder consent for the capital increase. The Board has appointed a scrutinizer for the ballot and reappointed an external member for the Internal Complaints Committee. This move could enhance financial flexibility and provide growth opportunities, potentially boosting investor sentiment.

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