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

The Board has approved significant changes, including increasing the Authorized Share Capital from ₹5.5 Cr to ₹7 Cr and altering the company's name from "Adinath Exim Resources Limited" to "Trustedge Capital Limited." It plans to raise funds by issuing up to 8,85,000 equity shares at ₹57 each, targeting promoter group members, which could bolster its capital base. Additionally, an Employee Stock Option Scheme (TEDGE ESOS 2025) has been adopted, allowing for the issuance of up to 10,00,000 options. Manoj Shantilal Savla has been re-designated as Chairman & Managing Director for three years. The upcoming Extra-Ordinary General Meeting on May 9, 2025, will seek shareholder approval for these initiatives. This restructuring could enhance investor sentiment towards growth potential and financial stability.