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

The Board has approved several key initiatives, including an increase in Authorized Share Capital from Rs. 5 Cr to Rs. 7 Cr, necessitating changes to the Memorandum of Association. The company will also rename itself from Adinath Exim Resources Limited to Trustedge Capital Limited, pending shareholder approval. Funds will be raised by issuing 8,85,000 equity shares to the Promoter Group at Rs. 57 per share, totaling Rs. 5.04 Cr. Additionally, an Employee Stock Option Scheme (TEDGE ESOS 2025) will offer up to 10,00,000 options to employees. Mr. Manoj Shantilal Savla has been re-designated as Chairman & Managing Director for three years. An Extraordinary General Meeting will be held to seek shareholder approvals. This update may enhance investor confidence due to the strategic initiatives and leadership continuity.