Samsrita Labs Ltd — Others, 23-05-2025: AGM/EGM

Samsrita Labs Limited has announced a board meeting. At the 1st Extra Ordinary General Meeting, shareholders approved an increase in the authorised share capital and alterations to the capital clause in the Memorandum of Association. Special approvals were granted for issuing up to 38.4 lakh equity shares to non-promoters on a preferential basis and up to 45.5 lakh equity shares on a preferential basis for non-cash consideration via swap. Additionally, the Object Clause of the Memorandum of Association was altered. All resolutions passed with significant majority support, reflecting shareholder confidence in the company’s capital expansion and strategic initiatives.