Slone Infosystems Limited — Board Meeting, 24-03-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting today where they approved the allotment of 19,99,200 Convertible Warrants, allowing holders to convert these into Equity shares at ₹164 each within 18 months. This move will raise the company's Paid-up Equity Share Capital from ₹5.27 crore to ₹7.27 crore post-conversion. The issuance is targeted towards non-promoters, enhancing potential liquidity and operational capacity. This strategic step aligns with the company's plan to boost equity financing for future growth initiatives.