Sonu Infratech Limited — Others, 17-01-2025: Shareholders meeting

Sonu Infratech Limited conducted its Extra Ordinary General Meeting (EGM) on January 16, where resolutions to issue equity shares and fully convertible equity warrants on a preferential basis were successfully passed. The voting results showed overwhelming support, with 100% approval from the promoter group, and approximately 99.6% from the public non-institutional shareholders. This strategic move aims to enhance capital structure and strengthen financial health. Investors may find this a positive outlook for future growth opportunities, reflecting management's proactive stance in capital raising without significant dissent from stakeholders.