CCME Global Ltd Board Approves Office Shift, Acquisitions, and Preferential Issue

CCME Global Ltd's Board of Directors has approved a significant shift of its registered office from Andhra Pradesh to Maharashtra, subject to shareholder and regulatory approvals. The board also greenlit the acquisition of over 50% share capital in Cash & Carry Middle East FZCO for approximately ₹112.72 crore and 52% in Interlink Distribution LLC for approximately ₹20.34 crore, primarily through share swaps. Additionally, the company received board approval for a preferential issue of equity shares, including up to 1.8 crore shares for cash (₹18 crore), up to 11.27 crore shares for the Cash & Carry acquisition, and up to 2.03 crore shares for the Interlink acquisition. The relevant date for the preferential issue has been set as August 28, 2026.