Arham Technologies Limited — Others, 29-01-2025: Book Closure

Arham Technologies Limited has announced a board meeting to address key decisions. The board approved an increase in authorized share capital from ₹21 Crores to ₹25 Crores, subject to shareholder approval at an Extraordinary General Meeting (EGM) scheduled for February 24, 2025. The board also accepted the resignation of their auditor, M/s MRCA & Associates, appointing M/s Badhan & Co. as the new statutory auditor until the upcoming AGM. Additionally, the company plans to raise up to ₹43 Crores through a rights issue of equity shares.

This move indicates a proactive approach to enhance capital structure and ensure compliance in governance, which could positively influence investor sentiment amidst strategic growth prospects.