Trident Techlabs Limited — Board Meeting, 02-12-2024: Outcome of Board Meeting

The Board has approved an increase in the Authorized Share Capital to ₹19 Cr by adding ₹1 Cr and a fundraising initiative through a preferential issue of up to 7,00,000 equity shares at ₹905 per share, totaling approximately ₹63.35 Cr. Additionally, up to 1,13,000 fully convertible warrants will be issued at the same price, amounting to around ₹10.23 Cr. An Extraordinary General Meeting is also scheduled for stakeholders to discuss these approvals, with specified voting and record dates set for later in December.