Unicommerce Esolutions Limited — QIP/Rights/Pref., 20-03-2025: Issue of Securities

Unicommerce eSolutions Ltd. has announced a board meeting where it approved a preferential issue of equity shares, specifically issuing 60,33,189 shares at a swap ratio of 1:8.9 for the acquisition of 7,610 shares in Shipway Technology Private Limited, converting it into a wholly owned subsidiary. The board also agreed to modify the Articles of Association to enable nominations of non-executive directors by key investors post-IPO, subject to member approval. Additionally, the resignation of three senior management personnel was acknowledged, with no material reasons provided beyond stated causes.