Aarey Drugs & Pharmaceuticals Limited — Others, 06-12-2024: Shareholders meeting

Aarey Drugs and Pharmaceuticals Limited has announced a board meeting on January 2, 2025, to conduct its 5th Extraordinary General Meeting (EOGM) at 11:00 AM via OAVM. Key agenda items include issuing up to 50,00,000 Convertible Warrants on a preferential basis, expected to raise ₹31.90 crore, and reappointing Mr. Lalit Tulsiani and Mr. Anil Mandal as Independent Directors for five years. This move aims to enhance the company's financial position and governance. Investor sentiment may lean positively due to the capital infusion and governance changes.