Thaai Casting Limited — Others, 03-08-2025: Shareholders meeting

Thaai Casting shareholders have approved all resolutions at the recent Extraordinary General Meeting. This includes increasing the company's authorized share capital and updating its Articles of Association. Shareholders also greenlit a preferential issuance of fully convertible warrants to both promoter and non-promoter groups. Additionally, the company received approval to issue equity shares and compulsorily convertible debentures to the non-promoter group on a preferential basis. These approvals are crucial, as they empower the company to raise capital, which is vital for supporting future growth initiatives and operational needs.