Future Market Networks Limited — Board Meeting, 18-12-2024: Outcome of Board Meeting

The Board of Future Market Networks Limited approved several significant actions during its meeting. Key decisions include the allotment of 31,00,000 equity shares at a face value of ₹10 each, raising ₹3.48 crore, primarily to Surplus Finvest Private Limited and Jurox Enterprises Private Limited. Additionally, 2,94,00,000 convertible warrants were allotted at an issue price of ₹11.21 each, generating ₹8.24 crore. The Board also approved investing in 50,00,000 optionally convertible debentures of Metawear Limited at face value, totaling ₹5 crore, to expand its business portfolio.