ALPHA TRIBE

Committed Cargo Care LimitedOthers, 17-01-2025: Shareholders meeting

17-01-2025 | 01:21 pm

The Extra-Ordinary General Meeting (EGM) was held via video conferencing, led by Managing Director Rajeev Sharma. Shareholders approved the issuance of 55,00,000 fully convertible warrants at ₹81 each, aiming to raise up to ₹44.55 crore. Key agenda items included increasing authorized share capital and amending the Articles of Association. The voting process was facilitated through electronic means, ensuring participation despite the lack of physical attendance.

This development may enhance liquidity and investor interest, providing capital for growth initiatives while potentially benefiting shareholder value through strategic funding.

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