Velox Shipping and Logistics Ltd — Others, 13-06-2025: AGM/EGM

Velox Shipping and Logistics Limited has announced the approval of a special resolution by shareholders through remote e-voting to vary the terms of the objects of its issue. The postal ballot received 100% votes in favor, with no invalid votes. This change in the object clause indicates a strategic shift or expansion in the company’s business activities, reflecting management’s intent to align company operations or future fundraising plans with evolving priorities. This development is relevant for shareholders as it may impact the company’s growth trajectory and capital allocation.