Afcom Holdings: Board Approves Unaudited Results, Warrant Conversions

Afcom Holdings Ltd announced that its Board of Directors has approved the unaudited financial statements for the quarter ended June 30, 2026. The board also approved the conversion of 15,000 warrants into equity shares, increasing the company's paid-up equity share capital. Additionally, the company provided updates on its wholly-owned subsidiary incorporation in Dubai, UAE ('Afcom Cargo FZCO'), and the formation of an Indian subsidiary for MRO services. Monitoring Agency Reports for funds raised through Preferential Issue and Qualified Institutional Placement were also approved.