GP Eco Solutions India Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting
12-05-2025 | 05:20 pm
12-05-2025 | 05:20 pm
GP Eco Solutions India has announced a board meeting highlighting key moves. The board approved the appointment of Mr. Pavitra Khandelvwal as an Additional Non-Executive Director, pending shareholder approval. It greenlit a preferential issue of 1.2 lakh equity shares to investor Kumar Vishwas at Rs. 348/share (total Rs. 4.18 Cr) and 1.2 lakh fully convertible warrants to promoters at the same price, convertible within 18 months. The authorised capital will rise from Rs. 12 Cr to Rs. 25 Cr. Limits for related party deals, asset sales, and loans have been increased to Rs. 1,000 Cr each, subject to shareholder consent.
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