ALPHA TRIBE

Shilchar Technologies LtdOthers, 22-05-2025: AGM/EGM

22-05-2025 | 10:00 pm

Shilchar Technologies Limited has announced the approval of an ordinary resolution via postal ballot for the issue of bonus shares, passed with an overwhelming majority by its shareholders. The e-voting process showed nearly 100% votes in favor, reflecting strong shareholder support. This move to issue bonus shares can enhance liquidity and shareholder value by increasing the number of shares held without additional capital infusion, signaling confidence in the company's growth prospects.

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