Som Distilleries & Breweries Limited — Others, 24-03-2025: Shareholders meeting

Som Distilleries and Breweries Limited has announced a board meeting following its Extra-Ordinary General Meeting (EOGM) held via video conference. During the meeting, key decisions included the reappointment of Jagdish Kumar Arora as Chairman and Managing Director, the continuance of Uma Kant Samal as an independent director, and the appointment of Rajesh Kumar Dubey as a whole-time director. Additionally, the company plans to issue up to 20,00,000 equity shares on a preferential basis to identified promoters. This move may enhance investor sentiment by bolstering management stability and expanding capital, although the issuance of new shares could dilute existing holdings. Voting results will be made available on the company's website and to stock exchanges in due course.