DC Infotech and Communication Limited — Board Meeting, 27-06-2025: Outcome of Board Meeting

DC Infotech & Communication has announced a board meeting where it approved the conversion of 9.1 lakh convertible warrants into equity shares at Rs.54 each, allotted entirely to promoters. The company also gave the green light for setting up a wholly owned subsidiary in UAE named DCINFOTECH AND COMMUNICATION - FZCO, focused on IT services, with an initial capital subscription of AED 1 lakh. This strategic move aims to expand the company's footprint in the Middle East market. No other major operational or financial updates were disclosed.