Ahmedabad, January , 2025: Dhyaani Tradeventtures Limited (BSE Scrip Code: 543516/DHYAANITR) has announced a series of strategic decisions approved during its Board of Directors meeting held on Friday, January 17, 2025. These measures aim to enhance the company’s financial position and facilitate its future growth plans.
The company disclosed these developments in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Key Highlights of the Meeting:
Increase in Authorized Share Capital:
The Board approved an increase in the authorized share capital of the company from ₹18 crore, comprising 1.8 crore equity shares of ₹10 each, to ₹24.55 crore, comprising 2.455 crore equity shares of ₹10 each. This increase is subject to shareholder approval and will involve amendments to the Memorandum of Association.
Issuance of Optionally Convertible Debentures (OCDs):
The company plans to issue up to 75 lakh unsecured, unrated, and unlisted Optionally Convertible Debentures (OCDs) on a preferential basis under Chapter V of the SEBI (ICDR) Regulations, 2018. Key details of the issue include:
Issue Price: ₹40 per OCD
Aggregate Value: ₹30 crore
