Paramatrix Technologies Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting

PARAMATRIX's board recently approved a Rs. 14 Cr term loan from NKGSB Co-operative Bank to acquire new office premises in Nerul. The company also re-appointed M/s. L. B. Kale & Co. as Internal Auditor and M/s. Deep Shukla & Associates as Secretarial Auditor for FY25-26, following review by the Audit Committee. Additionally, Rs. 0.41 Cr of unutilized IPO 'Offer Expenses' was re-allocated to 'General Corporate Purposes,' bringing that category's total to Rs. 7.59 Cr (24.99% of IPO proceeds). The board further approved taking commercial premises on a leave and license basis in Vashi.