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

Kachchh Minerals Limited has announced a board meeting outcome centered on significant corporate governance updates. Key actions include a proposal to increase authorized share capital from ₹10 Cr to ₹90 Cr, aligning the Memorandum and Articles of Association with the Companies Act, 2013, and appointing Mr. Dipen Shah as Company Secretary and Compliance Officer. The board also accepted the resignation of Independent Director Mr. Jagdish Kandoria and approved a ₹206.74 Cr acquisition of 30,000 shares in Rajhans Procon Private Limited. This strategic acquisition aims to enhance business operations, potentially favorably influencing investor sentiment toward the company's growth prospects.