Unicommerce Esolutions Limited — Board Meeting, 20-03-2025: Outcome of Board Meeting

The Board of Unicommerce eSolutions Ltd. has approved a preferential issue of 60,33,189 equity shares for consideration other than cash, facilitating the acquisition of 7,610 shares of Shipway Technology Private Limited from certain shareholders, effectively making Shipway a wholly-owned subsidiary. Additionally, alterations to the Articles of Association were sanctioned, allowing financial investors to nominate non-executive directors. The Board acknowledged the resignations of key personnel, including Mr. Prateek Mahajan, Mr. Pranay Kale, and Mr. Vaibhav Malhotra. All decisions are subject to member approval.