Akiko Global Services Limited — Board Meeting, 29-01-2025: Outcome of Board Meeting

The Board of Directors of Akiko Global Services Limited has approved several key resolutions. They authorized the formation of a Memorandum of Understanding with Mr. Naveen Gupta and Mr. Sagar Gaba, appointed Mr. Gupta as an Additional Director, and established an Advisory Committee. Additionally, they plan to issue up to 2,00,000 fully convertible warrants at ₹87.02 each, totaling ₹1.74 crore, to specified investors. The Board also sanctioned an increase in the authorized share capital from ₹11 crore to ₹12 crore and approved alterations to the Articles of Association to facilitate the Employee Stock Option Scheme. An Extraordinary General Meeting is scheduled for February 26, 2025, to address these matters further.