Board Meeting Announcement for Velox Shipping and Logistics Ltd - May 6, 2025

Velox Shipping And Logistics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2025 inter alia to consider and approve 1. To consider approve and take on record the Audited Financial Results of the Company for the quarter and financial year ended 31st March 2025. 2. To approve the deviation of funds amounting to Rs. 76250000 raised through preferential allotment on 26th August 2022 for subject to shareholder approval utilization towards: a) Acquisition or investment in a foreign entity named INTERNATIONAL LOGISTICS ASSOCIATES LLC ILA b) Other inorganic acquisitions if necessary. c) Working capital requirements of the company. d) Other General corporate purposes. 3. To approve the Notice of Postal Ballot for seeking the approval of the Shareholders of the Company.