Company Update

Koura Fine Diamond Jewelry Limited has announced the proceedings of its Extra Ordinary General Meeting, where key approvals were obtained for alteration of the Articles of Association, increase in authorized share capital, issuance of 6.5 lakh equity shares, and issuance of 25 lakh convertible warrants on a preferential basis.

Voting was conducted through ballot papers at the meeting venue without e-voting, as permitted for SME listed companies.

These steps aim to support the company’s capital structure and growth plans, which is relevant for shareholders tracking equity dilution and fundraising activities.