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Silgo Retail has announced its 10th Annual General Meeting on August 20, 2025. The company seeks shareholder approval for a significant fundraise of Rs. 113.88 Cr via preferential issuance of equity shares and convertible warrants. These funds are primarily aimed at a major diversification into the solar and renewable energy business, along with strengthening the existing gems and jewellery operations. To facilitate this strategic move, the company proposes increasing its authorized share capital from Rs. 25 Cr to Rs. 45 Cr and updating its company constitution. Shareholders will also consider adopting FY25 financial results and approving related party transactions up to Rs. 10 Cr.