Corporate Merchant Bankers Ltd — Others, 09-06-2025: AGM/EGM

Corporate Merchant Bankers Limited has announced a board meeting. The company held an Extra-Ordinary General Meeting where members approved increasing the authorized equity share capital and altering the Memorandum of Association. It also approved issuing up to 8.16 crore equity shares on a preferential basis to the non-promoter group by converting an outstanding unsecured loan. These steps will strengthen the company’s capital structure and could improve financial flexibility, potentially benefiting stakeholders by supporting future growth.