Fidel Softech Limited — Others, 28-04-2025: Shareholders meeting

Fidel Softech Limited has announced a board meeting regarding a postal ballot focused on acquiring shares of Fidel Technologies KK from related parties, with a proposed total of up to ₹6.5 crores (Cr) for 388 shares at a fair value of ₹1,65,206 per share. The remote e-voting period will commence on April 29, 2025, and conclude on May 28, 2025. Additionally, the company seeks member approval for material related party transactions with Fidel Technologies KK and Fidel Consultancy KK, amounting up to ₹20 crores (Cr) and ₹15 crores (Cr) respectively, and for investments exceeding limits specified under Section 186 of the Companies Act, proposing a maximum of ₹100 crores (Cr). Approval for these resolutions may indicate strategic expansions and could positively influence investor sentiment, reflecting confidence in the company's growth trajectory.