Unicommerce eSolutions Limited ( (IN:UNIECOM) ) has provided an update.
Unicommerce eSolutions Limited announced significant changes following a board meeting on March 20, 2025. The company approved a preferential issue of equity shares to acquire Shipway Technology Private Limited, converting it into a wholly-owned subsidiary, subject to member and regulatory approvals. Additionally, the board agreed to alter the Articles of Association, allowing financial investors SoftBank and B2 Capital to nominate directors based on their shareholding. The meeting also noted the resignation of key senior management personnel, including the Director of Operations, Head of India Sales, and Senior Director of Marketing, indicating a shift in the company’s leadership structure.
More about Unicommerce eSolutions Limited
Unicommerce eSolutions Limited operates in the e-commerce solutions industry, providing software and services to streamline operations for online retailers. The company focuses on enhancing supply chain management and improving the efficiency of e-commerce businesses.
YTD Price Performance: -30.41%
Average Trading Volume: 66,281
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