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Commercial Syn Bags Limited has announced a board meeting to discuss an extraordinary general meeting (EGM) scheduled for 10th January 2025. The key agenda includes a proposal to increase the authorized share capital from ₹40 crore to ₹42.5 crore and to alter the capital clause of the Memorandum of Association. Additionally, the board will seek approval to issue up to 20 lakh convertible warrants at a price of ₹72 each, raising approximately ₹14.4 crore, primarily to fund working capital needs and capital expenditures. This could enhance liquidity and bolster growth, signaling a positive outlook for investors, though it introduces potential dilution concerns.