Arham Technologies Limited — Others, 29-01-2025: Appointment

Arham Technologies Limited's Board has approved an increase in authorized share capital from ₹21 crore to ₹25 crore, pending shareholder approval. An Extra Ordinary General Meeting is set for February 24, 2025. The Board accepted the resignation of auditor M/s MRCA & Associates and appointed M/s Badhan & Co. as the new auditor until the next AGM. Additionally, the company plans a rights issue to raise up to ₹43 crore, with details to be finalized later. This strategic move may enhance flexibility for funding, positively influencing investor sentiment amidst changes in audit management.