CLN Energy Ltd — Updates, 24-04-2025: Company Update

CLN Energy has announced a board meeting where key decisions were made, including a proposal to raise funds by issuing up to 3,60,000 equity shares to a promoter entity at a minimum price of ₹281 each, pending shareholder approval. Additionally, M/s. SARK and Associates LLP has been appointed as the Secretarial Auditor, and M/s. P M R Y & Co. as the Internal Auditor for the financial years 2024-2025 and 2025-2026. A Postal Ballot will be conducted to seek necessary shareholder approvals. This move aims to enhance financial resources and strengthen governance, potentially boosting investor confidence and providing a positive outlook for the company's growth trajectory.