OUTCOME OF THE EXTRA ORDINARY GENERAL MEETING OF THE COMPANY HELD ON 19.05.2025 AT 4:00 P.M.
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Pro Clb Global Ltd held its Extra-Ordinary General Meeting on May 19, 2025, at 4:00 PM via video conferencing, attended by 51 members. The meeting concluded at 4:27 PM. Four resolutions were transacted: (1) increasing the authorized share capital from ₹6.25 crore (62.5 lakh equity shares) to ₹25 crore (2.5 crore equity shares of ₹10 each), (2) appointment of CA Manish Agrawal as Non-Executive Independent Director, (3) appointment of Ms. Yashvi Chaitanya Shah as Non-Executive Independent Director, and (4) appointment of Mr. Niraj Nirmalkumar Chamaria as Non-Executive Director. E-voting was conducted from May 16 to May 18, 2025, and the voting results along with the scrutinizer's report will be circulated separately.
The proposed 4x increase in authorized capital (from ₹6.25 crore to ₹25 crore) signals potential plans for future fundraising, expansion, or stock split, though actual issuance depends on further board approvals. The appointment of three new directors (including two independent directors) may strengthen board governance, but final voting outcomes on these resolutions are still pending.