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

New Markets Advisory Limited's Board has approved several key developments. The company will raise funds through a preferential issue of 0% convertible equity warrants, with terms allowing partial payment at allotment. Additionally, the Authorized Share Capital is set to increase from ₹1.25 crore to ₹15 crore, pending shareholder approval. The Board also welcomed Ms. Sejal Dattaram Yerapale as a Non-Executive Non-Independent Director, while noting the resignation of Executive Director Ms. Yukti Sneh Arya. A name change proposal and a revision of the company’s object clause were discussed, alongside approvals for audited financial results for the quarter and half-year. The financials show a profit of ₹1.64 crore for the year, compared to a loss last year. Investors may view these changes positively as they reflect a proactive approach to expansion and governance adjustments, potentially enhancing company value.