Corporate Merchant Bankers Ltd — Others, 11-06-2025: AGM/EGM

Corporate Merchant Bankers Limited has announced the passing of three key resolutions at its Extra-Ordinary General Meeting with strong shareholder approval. The company will increase its authorized equity share capital and alter its Memorandum of Association accordingly. It also approved the issuance of up to 8,16,47,431 equity shares on a preferential basis for conversion of an outstanding unsecured loan to the non-promoter group. Additionally, approval was granted for further issuance of equity shares on a preferential basis. These actions aim to strengthen the company’s capital structure and support its financial strategy.