Shamrock Industrial Company Ltd — Others, 29-05-2025: AGM/EGM

Shamrock Industrial Company Ltd. has announced a board meeting to consider several major corporate actions via postal ballot with remote e-voting. These include increasing the authorized share capital from ₹10 Cr to ₹40 Cr, amending the Main Objects Clause to add technology, digital assets, and blockchain-related businesses, and approving preferential issues of up to 58.75 lakh equity shares, 62.83 lakh warrants, and 76.02 lakh optionally convertible debentures (OCDs) to new non-promoter investors. The proposed funding of approximately ₹69.16 Cr will support technology development, working capital, and corporate purposes. Existing promoters will be reclassified as public shareholders, and new promoters will take control following compliance with applicable takeover regulations. The company will also amend its Articles of Association to reflect the capital changes.