Popees Cares Ltd — Board Meeting, 06-06-2025: Board Meeting

Popees Cares Limited has announced a board meeting that approved a proposal for a 99% reduction in its paid-up capital due to accumulated business losses, subject to shareholders' approval at the upcoming AGM. Post-reduction, share capital will be about ₹6.02 lakh, comprising 60,221 fully paid-up equity shares. The board also approved appointing CA Bobby M Vincent as the internal auditor for FY 2025-26, bringing extensive expertise in accounting, taxation, GST, and audits. Additionally, the company plans to reconstitute the board and its committees effective mid-June.