Unicommerce Esolutions Limited — Others, 20-03-2025: Shareholders meeting

Unicommerce eSolutions Limited has announced a board meeting to seek shareholder approval through a postal ballot for two special resolutions: issuing 60,33,189 equity shares at ₹155.80 each on a preferential basis and altering the Articles of Association. The share issuance, primarily for acquiring a 57.24% stake in Shipway Technology Private Limited, involves a stock-swap transaction valued at ₹1.24 crore per share. This acquisition is expected to enhance operational efficiency and expand Unicommerce’s product offerings, potentially leading to increased market opportunities. Investor sentiment may lean positively due to improved growth prospects and operational control.