The company has announced a board meeting where it approved a significant overhaul, pending shareholder approval.

Key decisions include increasing authorized capital from ₹10 Cr to ₹40 Cr and raising up to ₹50 Cr via a rights issue.

The board also seeks shareholder consent to enhance borrowing and investment limits to ₹500 Cr each, and to create charges up to ₹500 Cr.

A 1:10 stock split (₹10 to ₹1) was approved to boost liquidity.

Additionally, the company will form a wholly-owned subsidiary in UAE, change its corporate office, and amend its main business objects to include agro/food products.

Mr. Ajay Kumar Agrawal was appointed Company Secretary.