Spectrum Talent Management Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors has approved the un-audited financial results for the half year, reporting revenue from operations of ₹5,306.08 Cr and a net profit of ₹46.85 Cr. To drive growth, they plan to raise up to ₹24.75 Cr through a preferential issue of 15,00,000 fully convertible warrants at ₹165 per share. This decision is subject to shareholder approval at an upcoming Extra-Ordinary General Meeting scheduled for December 6, 2024. Additionally, the corporate office has relocated within Noida.