Ind Agiv Commerce Ltd — Others, 11-08-2025: AGM/EGM

IND AGIV COMMERCE LIMITED held its 39th Annual General Meeting where shareholders approved the audited financial statements for the year ended March 31, 2025. A key resolution ratified and approved a preferential issue of 30 lakh equity shares at Rs. 29 each, raising a total of Rs. 8.70 Cr. This capital infusion comprises Rs. 6.66 Cr from converted unsecured loans and Rs. 2.04 Cr in cash. Furthermore, the company received approval to significantly increase its overall borrowing limits to Rs. 100 Cr and to provide inter-corporate loans, investments, or guarantees up to Rs. 100 Cr, substantially enhancing its financial flexibility.