Onesource Industries And Ventures Ltd

🔍 Key Updates from Onesource Industries: AoA Amendments, Warrant Issuance & AGM Details

- Approval for amendments in Articles of Association to include clauses for issuing securities, including convertible warrants.

- Issuance of up to 6,63,14,344 fully convertible warrants at ₹6.10 per warrant (total ₹40,45,17,498) to non-promoter investors.

- Upfront payment of ₹1.53 (25%) per warrant, with balance ₹4.57 due at conversion.

- Warrants convertible into equity shares (₹1 face value) within 18 months at ₹6.10 per share.

- M/s. Sumit Ranka & Associates proposed as Statutory Auditor for 5 years (subject to AGM approval).

- Ms. Alpana Sethia proposed as Secretarial Auditor for 5 years (subject to AGM approval).

- Annual Report for FY ending March 31, 2025, approved by the Board.

- 31st AGM scheduled for September 30, 2025 (virtual).

- Book closure for AGM: September 24–30, 2025.

- Cut-off date for AGM voter eligibility: September 23, 2025.

- Ms. Alpana Sethia appointed as Scrutinizer for AGM e-voting.