Jetking Infotrain Ltd — Others, 21-07-2025: AGM/EGM

Jetking Infotrain seeks shareholder approval via postal ballot for two key proposals. First, to re-appoint Mr. Avinash Suresh Bharwani as Chairman & Whole-Time Director for three years, effective August 2025, at an annual remuneration of up to 0.92 Cr. Second, the company plans a preferential issue of 460,000 equity shares at Rs. 250 each, aiming to raise 11.50 Cr. A significant portion of these funds, 80% or 9.20 Cr, will be allocated to acquiring Virtual Digital Assets, signifying a major strategic diversification for the company. The remaining funds will support education and general corporate needs. This capital infusion is crucial for strengthening the balance sheet and fueling future growth.