Suyog Telematics Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Suyog Telematics Limited has approved the unaudited financial results for the quarter and half-year ended September 30, 2024. Key highlights include a profit of ₹20.27 crore and total revenue of ₹53.08 crore for the quarter. Additionally, the Board has authorized a fundraising initiative, allowing for the issuance of equity or equity-linked securities up to ₹350 crore through various modes, which will require regulatory and shareholder approvals. Future updates on these developments are expected.