ALPHA TRIBE

Corporate Merchant Bankers LtdBoard Meeting, 08-05-2025: Board Meeting

08-05-2025 | 06:50 pm

Corporate Merchant Bankers Limited has announced a board meeting to consider increasing its authorized share capital and amending the Memorandum of Association accordingly. The board will also discuss converting outstanding loans into equity shares in one or more tranches, subject to shareholder and stock exchange approvals. Additionally, the meeting will approve the draft notice, date, time, and venue for an upcoming Extra Ordinary General Meeting. These steps indicate the company’s plans for capital restructuring and potential equity infusion, which could impact shareholder value and financial flexibility.

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