Adinath Exim Resources Ltd — Updates, 10-04-2025: Company Update

The Board of Directors of Adinath Exim Resources Limited has approved several key updates, including an increase in Authorized Share Capital from ₹5.5 Crore to ₹7 Crore, and a name change to Trustedge Capital Limited. They plan to raise ₹5.04 Crore through a preferential issuance of up to 8,85,000 equity shares at ₹57 each to certain promoters. The board also adopted the Trustedge Employee Stock Option Scheme 2025, allocating up to 10,00,000 options to eligible employees. Manoj Shantilal Savla has been re-designated as Chairman & Managing Director for three years. These changes may foster a positive outlook among investors, although capital raising introduces potential dilution risks. An extraordinary general meeting is scheduled for May 9, 2025, to seek shareholder approvals for these resolutions.