Phantom Digital Effects Limited — Others, 26-03-2025: Shareholders meeting

Phantom Digital Effects Limited has submitted the e-voting results from its Extra Ordinary General Meeting (EGM), where shareholders approved three resolutions. The meeting saw participation via video conferencing, with 83 members casting votes. Key approvals included an increase in the authorized share capital, issuance of convertible warrants to both promoter and non-promoter groups, and a proposal for capital raising through Qualified Institutions Placement (QIP). This solid shareholder backing could reflect positively on the company’s financing strategies, potentially enhancing investor sentiment as they pursue growth opportunities.