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Kachchh Minerals LtdOthers, 30-04-2025: AGM/EGM

30-04-2025 | 06:48 pm

Kachchh Minerals Limited has called for an Extraordinary General Meeting to discuss several key proposals. The company seeks to increase its authorized share capital from ₹10 Cr to ₹90 Cr, which includes the creation of additional equity shares. It plans to alter its Memorandum of Association to diversify into trading agricultural products, cinematograph activities, and various infrastructure projects. The board has also approved the acquisition of 30,000 equity shares of Rajhans Procon Private Limited for ₹206.75 Cr, to be settled through a share swap with 7.38 Cr equity shares at ₹28 each. The board will also present a resolution for a preferential share issue for this transaction, aiming to strengthen its market position and preserve liquidity.

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