Board approves pivot to consumer electronics, new directors, Rs 200 cr borrowing

RCC Cements board approved entering consumer electronics, mobile phones, mobile accessories, and computer hardware business. Also cleared new MOA and AOA aligned with Companies Act 2013, and appointment of Mr. Faizal Bavaraparambil Abdul Khader as Non-Executive Director and Mr. Shatrughan Sahu as Independent Director for 5 years. Board approved borrowing limit of Rs 200 crore, Section 186 limit of Rs 50 crore, Section 185 limit of Rs 25 crore, and material related party transactions of Rs 25.60 crore for FY26-27. EGM set for July 17, 2026.