Ventura Textiles Ltd — Board Meeting, 11-08-2025: Board Meeting

Ventura Textiles Ltd has announced a board meeting on August 14th. The Board will consider two key proposals, subject to shareholder and other necessary approvals. First, a plan to reduce the company's paid-up share capital to eliminate accumulated losses, aiming to strengthen its financial position. Second, the Board will discuss further share issuance through sweat equity and a preferential basis to third parties. These actions could help clean up the balance sheet, potentially reward employees, and raise capital for future operations, indicating a strategic effort to restructure and grow.