Outcome of the Board Meeting
Price
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Ampvolts Ltd (formerly Quest Softech India Ltd) held a board meeting on December 19, 2025, which concluded in 40 minutes (1:00 p.m. to 1:40 p.m.). The board approved the formation of a Borrowing & Finance Committee and delegated powers to it under Section 179(3) of the Companies Act, 2013. Additionally, the board approved availing of working capital facilities from Union Bank of India, with designated directors and officers authorised to sign related documents. The company's scrip code on BSE is 535719.
Setting up a dedicated Borrowing & Finance Committee suggests the company is preparing for increased borrowing or financial activity. The working capital facility from Union Bank of India indicates the company is securing funds for day-to-day operations, which is a routine but positive sign of bank confidence in the business.