Akiko Global Services Limited — Others, 31-01-2025: Shareholders meeting

Akiko Global Services Limited has announced a board meeting on February 26, 2025, to discuss an Extra-Ordinary General Meeting (EGM) via video conferencing. Key agenda items include a proposed increase in authorized share capital from INR 11 crore to INR 12 crore, adoption of an Employee Stock Option Plan (ESOP) 2025, and the appointment of Mr. Naveen Gupta as a Non-Executive Director. Additionally, the company plans to issue up to 2 lakh fully convertible warrants to non-promoter investors at an issue price of INR 87.02 per warrant, expected to raise approximately INR 1.74 crore for working capital and other corporate purposes.

This strategic move could enhance financial flexibility and attract talent, fostering a positive outlook among investors as participation in ESOP aligns employee interests with shareholder growth.