Goldstar Power Limited — Board Meeting, 26-03-2025: Outcome of Board Meeting

The board meeting resulted in a decision to increase the authorized share capital from ₹26 crore to ₹38 crore, subject to member approval. Additionally, the board approved the issuance of up to 4.55 crore equity shares on a preferential basis, targeting both promoters and public entities, which will be considered for the purchase of a stake in M/s Red Fire Shipping and Logistic LLC. An Extraordinary General Meeting (EGM) is scheduled for April 24, 2025, to discuss this and other matters, with Mrs. Rupal Patel appointed as the scrutinizer for the upcoming EGM.