USG Tech Solutions Ltd — Important, 18-08-2025: Company Update

USG Tech Solutions has released the outcomes of its recent board meeting. The company approved the financial results for the quarter. Key appointments include a new Chief Financial Officer, Mr. Aadarsh Aggarwal, and an Additional Director, Mr. Avani Kumar Shukla. Strategic decisions involve the sale of two wholly-owned subsidiaries and a plan to increase authorized share capital to Rs. 80 Cr, with a further capital raise of up to Rs. 50 Cr through a Rights Issue or other methods. The company also announced the launch of a new application and an agreement to set up a green hydrogen plant, signalling new growth areas.