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Z-Tech (India) LimitedOthers, 25-01-2025: Shareholders meeting

25-01-2025 | 03:58 pm

Z-Tech (India) Limited's Extra-ordinary General Meeting was held via video conferencing, where key decisions were taken, including an increase in the authorized share capital from ₹14 crore to ₹17 crore. The meeting approved the preferential issuance of 20 lakh equity shares to non-promoters and 20 lakh convertible warrants to both promoters and non-promoters. This move aims to strengthen the financial position and fund strategic initiatives like capital expenditures in theme parks and potential acquisitions, thereby enhancing shareholder value. Investors may view this as a positive outlook for growth opportunities.

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