Unicommerce Esolutions Limited — Others, 20-03-2025: Amendment to AOA/MOA

Unicommerce eSolutions Ltd. has announced a board meeting to approve a preferential issue of 60,33,189 equity shares for a share swap acquisition of 7,610 shares of Shipway Technology Private Limited, converting it into a wholly-owned subsidiary. Additionally, changes to the Articles of Association were agreed upon, allowing financial investors SoftBank and B2 Capital to nominate a director under specific conditions. The board also acknowledged the resignations of key senior management personnel, which reflect a shift in management structure. This strategic acquisition and management changes could enhance investor sentiment by reinforcing Unicommerce's market position, though recent management turnover presents a potential risk.