Innovana Thinklabs Limited — Others, 01-07-2025: Shareholders meeting

Innovana Thinklabs Limited has announced a board meeting to consider increasing its authorised share capital from ₹21 Cr to ₹22 Cr by creating an additional 10 lakh equity shares of ₹10 each. The company plans to raise up to ₹37.07 Cr through a preferential issue of 8.6 lakh warrants convertible into equity shares at ₹431 each. The warrants will be offered to the promoter and selected non-promoter investors to fund software development, technology investment, working capital, and corporate purposes. Warrants must be converted into equity within 18 months, with applicable lock-in periods. No change in company control is expected post-issuance.