New Markets Advisory Ltd — Updates, 24-04-2025: Company Update

New Markets Advisory Limited's Board has approved several key measures aimed at strategic growth and restructuring. They plan to raise funds through the issuance of 0% convertible equity warrants and increase the authorized share capital from ₹1.25 crore to ₹15 crore, pending shareholder approval. The appointment of Ms. Sejal Dattaram Yerapale as a Non-Executive Director was also authorized, while Ms. Yukti Sneh Arya resigned as Executive Director. Additionally, there is a proposal to change the company’s name and expand its business scope. Financial results show a profit of ₹12.64 crore for the quarter ended March 31, 2025, signaling improved performance. Investors may view these developments as a positive outlook, although the increase in share capital and changes in governance may present some uncertainties.