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FONE4's board increased its authorized share capital from ₹24.95 Cr to ₹52 Cr, subject to shareholder approval via postal ballot, enabling potential future equity issuances. The company also approved altering its Memorandum of Association to add new business segments: solar and renewable energy products, and IT-enabled services including software development, AI, and Blockchain. Additionally, an independent director, Mr. Rishdhan, was regularized for five years, and key board committees (Audit, Nomination & Remuneration, Stakeholders Relationship) were reconstituted, enhancing corporate governance and strategic diversification.