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Urban Enviro Waste Management LimitedOthers, 31-12-2024: Copy of Newspaper Publication

31-12-2024 | 12:29 pm

Urban Enviro Waste Management Limited has announced a board meeting to discuss the issuance of equity share capital through a bonus issue. The electronic dispatch of the postal ballot notice, which includes information on the e-voting process, has been completed for shareholders holding shares as of the cut-off date of December 27, 2024. The e-voting will start on December 31, 2024, and end on January 29, 2025.

This update points towards enhancing the company's capital structure through a bonus issue, potentially improving liquidity and shareholder value. The strategic move could attract investor interest while also emphasizing the company's commitment to creating value for its shareholders. Investors may perceive this development as a positive outlook, signaling growth initiatives and proactive governance.

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