Slone Infosystems Limited — Others, 15-07-2025: Shareholders meeting

Slone Infosystems has convened its 3rd Annual General Meeting (AGM) to approve key proposals. Shareholders will vote on adopting audited financial statements for the financial year ended March 31, 2025, declaring a dividend of Re. 0.5/- per share, and re-appointing Mr. Mohit Rajesh Khanna as a Whole-time Director. A significant item is the proposed preferential issue of up to 3.77 Cr convertible warrants at ₹264 each, aiming to raise ₹99.48 Cr. These funds are earmarked for working capital (₹74.61 Cr) and general corporate purposes (₹24.87 Cr). The issue will see promoter holding decrease to 67.10%, while public shareholding will increase to 32.90% post-conversion, without altering management control.