Artefact Projects Ltd — Board Meeting, 13-08-2025: Board Meeting

Artefact Projects Ltd.'s Board has approved the financial results for the quarter. The company plans significant business expansion, greenlighting a capital expenditure of Rs. 60 Cr. To support this growth, the Authorized Capital will be increased from Rs. 10 Cr to Rs. 15 Cr, subject to shareholder approval. Additionally, the Board approved acquiring office premises for Rs. 31 Cr from a director's relative/promoter as part of this expansion, also pending shareholder nod. Independent Director Kaustubh Prakash Paunikar was re-appointed for a second five-year term, pending shareholder approval.