Z-Tech (India) Limited — Board Meeting, 26-12-2024: Outcome of Board Meeting

The board meeting resulted in the approval for issuing up to 20,00,000 equity shares and 20,00,000 warrants on a preferential basis, both at ₹ 500 per share/warrant, aggregating ₹ 1,00,00,00,000 each. The company will also increase its authorized share capital from ₹ 14 Crore to ₹ 17 Crore, subject to shareholder approval. This strategic move aims to enhance the company’s capital structure and facilitate future growth initiatives.