Kachchh Minerals Ltd — Updates, 24-04-2025: Company Update

Kachchh Minerals Limited has announced a board meeting outcome, confirming significant developments. The Board approved increasing authorized share capital from ₹10 Crore to ₹90 Crore and altering the Memorandum of Association to align with new business dynamics. Mr. Dipen Vijaykumar Shah has been appointed as Company Secretary and Compliance Officer, while Mr. Jagdish Sajan Kandoria has resigned as an Independent Director. Notably, the Board approved acquiring 30,000 equity shares of Rajhans Procon Private Limited for ₹206.75 Crores, marking a strategic expansion into real estate. Investors may view these changes positively, considering potential growth in operations. An Extraordinary General Meeting is scheduled for May 23, 2025, to seek shareholder approval.