GP Eco Solutions India Limited — Board Meeting, 16-01-2025: Outcome of Board Meeting

The Board meeting of GP Eco Solutions India Limited concluded with key decisions, including the appointment of Mr. Manish Grover as an Additional Director (Non-Executive, Independent), pending shareholder approval. The Board approved potential investments, grants, or loans up to ₹300 crores, and the subscription to a rights issue of 788,791 equity shares of Invergy India Private Limited at ₹96.35 each. Additionally, it accepted a private placement offer for 29,56,866 equity shares of AN3 Techno Power Limited and approved the purchase of 510 shares of GPES Green Projects Private Limited. CSR expenditure for FY 2024-25 was set at approximately ₹13 crore. The Board finalized the date for an Extraordinary General Meeting on February 10, 2025.