Sampann Utpadan India Limited — Board Meeting, 11-11-2024: Outcome of Board Meeting

The Board of Directors of Sampann Utpadan India Limited has approved the un-audited financial results for the quarter and half-year ended September 30, 2024. The company reported a loss of ₹355.55 million before tax. Additionally, it has approved an increase in authorized share capital from ₹40.61 crore to ₹75 crore and a preferential issue of up to 1.05 crore fully convertible warrants at ₹33.90 each, aiming to raise approximately ₹35.59 crore. An Extraordinary General Meeting is scheduled for December 11, 2024, to seek shareholder approval on these matters.