ALPHA TRIBE

Ind Agiv Commerce LtdOthers, 11-08-2025: AGM/EGM

11-08-2025 | 05:32 pm

IND AGIV COMMERCE LIMITED held its 39th Annual General Meeting where shareholders adopted the audited financial statements for FY2025. A key approval was the ratification of a preferential allotment of 30 Lakh equity shares at Rs. 29 each, raising Rs. 8.70 Cr. This capital infusion includes converting Rs. 6.6555 Cr in unsecured loans and Rs. 2.0445 Cr in cash. Additionally, shareholders approved increasing the company's borrowing limit by Rs. 100 Cr, along with inter-corporate investments or loans up to Rs. 100 Cr, enhancing financial flexibility for operations and future growth. A director was re-appointed and secretarial auditors were appointed.

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