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

Vani Commercials' Board has approved a preferential issue of 3.22 crore equity shares at Rs 12 each to various investors, subject to shareholder approval. The company also approved increasing its authorized share capital from Rs 13.05 crore to Rs 50 crore. Critically, the Board decided to alter the Memorandum of Association to significantly expand the company's main business activities. This expansion will allow Vani Commercials to venture into financial technology, digital payments, lending, insurance distribution, and wealth management. These proposals will be put forth for approval at a forthcoming Extra-Ordinary General Meeting.