Hemo Organic Proposes Diamond Realty Pivot With Rs 125 Crore Capital Hike

Board approved new MoA objects covering diamonds, real estate and investments, and hike in authorised capital to 125 Cr from 13.45 Cr. Appointed Pratibha Sharma as CS. Deferred fundraise. Signals full business pivot from organics to diamonds and real estate; 9x authorised capital hike points to large future equity issuance. MoA and capital changes need shareholder approval. Fundraise quantum, mode and timing undisclosed and deferred to next meeting with no date set; dilution, target funding use and deal structure remain unresolved.