Kore Digital Limited — Others, 12-12-2024: Shareholders meeting

Kore Digital Limited has announced a board meeting on January 7, 2025, to discuss significant corporate actions. The agenda includes a proposal to increase the authorized share capital from ₹4.5 crore to ₹12.5 crore by adding ₹8 crore worth of equity shares. Additionally, the company plans to issue 80.16 lakh bonus shares to existing shareholders at a 2:1 ratio, capitalizing ₹8.016 crore from reserves. This move aims to strengthen financial positioning and support future growth, likely enhancing investor sentiment with a positive outlook for shareholder value.