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

New Markets Advisory Limited has announced a board meeting focusing on several key developments. The board approved a preferential issue of 0% convertible equity warrants, an increase in authorized share capital from ₹1.25 Cr to ₹15 Cr, and the appointment of Ms. Sejal Dattaram Yerapale as a Non-Executive Non-Independent Director while accepting the resignation of Ms. Yukti Sneh Arya. Additionally, the board discussed a name change for the company and approved an increase in its borrowing limits to ₹50 Cr. The audited financial results for the quarter and half-year reflect a profit after tax of ₹12.64 Lakhs, marking a positive shift from prior losses. This news may foster a positive outlook among investors, signaling growth and restructuring initiatives.