Kore Digital Limited — Board Meeting, 20-01-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting where they approved the allotment of 80,16,000 Fully Paid-up Bonus Equity Shares at a ratio of 2:1, raising the paid-up capital from Rs. 4.01 Cr to Rs. 12.02 Cr. Additionally, they have appointed Mrs. Nishtha Harivanshi Pamnani as an Independent Director, effective immediately, subject to shareholder approval. Her appointment is backed by a recommendation from the Nomination and Remuneration Committee. These developments signal a strategic move to enhance shareholder value and strengthen the board.