Vani Commercials Ltd — Important, 24-10-2025: Company Update

Vani Commercials' board has approved a strategic capital raise and significant business expansion. The company plans a preferential issue of 3.22 Cr equity shares at Rs 12 each, raising approximately Rs 38.69 Cr. To accommodate this and future growth, authorized share capital will increase from Rs 13.05 Cr to Rs 50 Cr. A major operational shift involves expanding its main business objectives to include financial technology, digital payment solutions, lending, asset management, and broader financial product distribution. These pivotal changes, along with updating its Memorandum and Articles of Association, await shareholder approval at an upcoming Extra-Ordinary General Meeting.