Shree Pacetronix Ltd — Updates, 07-08-2025: Company Update

Shree Pacetronix's board has approved the financial results for the quarter ended June 30, 2025. The company will raise **Rs 2.43 Cr** via a preferential issue to promoter Mr. Akash Sethi, comprising equity shares and convertible warrants at Rs 81 each. This move is expected to increase his stake and will trigger a mandatory open offer for shareholders. The board also re-appointed Mr. Atul Kumar Sethi as Managing Director for three years, pending shareholder approval. The company has announced an Annual General Meeting on September 3, 2025, to seek shareholder approvals for these and other matters.