New Markets Advisory Limited’s Board has approved funding through a preferential issue of 0% convertible equity warrants, enhancing its capital structure.

The authorized share capital will increase to ₹15 Crore, pending shareholder approval.

The Board welcomes Ms. Sejal Dattaram Yerapale as a Non-Executive-Non Independent Director and accepted the resignation of Ms. Yukti Sneh Arya as Executive Director.

Additionally, the company will change its name and amend its business objectives, aiming to broaden operational focus.

The financial results reveal a profit of ₹1.64 Crore for the year, signaling a recovery from last year’s loss.

This announcement offers a positive outlook for investors, indicating strategic growth and potential value creation.