ALPHA TRIBE

Indiqube Spaces LimitedOthers, 14-08-2025: Shareholders meeting

14-08-2025 | 05:47 pm

Indiqube Spaces Limited seeks shareholder approval via postal ballot for key structural changes. The company proposes reclassifying its entire authorised share capital of INR 32.50 Cr into equity shares, converting existing preference shares. Shareholders will also vote to ratify the Employee Stock Option Plan 2022, enabling new grants of up to 40.61 lakh options (2.18% of paid-up equity) to align employee incentives with company growth. Additionally, the company aims to update its Articles of Association, removing obsolete sections post-IPO. These approvals are crucial for streamlining Indiqube's capital structure and enhancing employee engagement.

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