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The Board of Directors of One 97 Communications Limited has convened a meeting where key outcomes include the approval of unaudited consolidated financial results for the quarter and nine months ending December 31, 2024. Total income stood at approximately ₹201.65 crore, though the company reported a loss before tax of around ₹203.5 crore. Additionally, the board appointed Bimal Julka as a Non-Executive Independent Director for a five-year term. The company increased its Default Loss Guarantee limit for SMFG India Credit Co. Ltd. to ₹350 crore and approved the incorporation of wholly-owned subsidiaries in the UAE, KSA, and Singapore. Furthermore, the Board sanctioned the sale of a 100% stake in step-down subsidiary Xceed IT Solutions, which will cease to exist following the transaction.