BSEInterworld Digital Ltd-$LowNeutral
Announced Fri, 19 Jun · 17:13 IST

Board okays consumer electronics foray, borrowing limit of Rs 200 Cr, EGM on July 17

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Interworld Digital board on June 19, 2026 approved: new MOA/AOA under Companies Act 2013; foray into consumer electronics, mobile phones, accessories and computer hardware; appointment of Mr Faizal Bavaraparambil Abdul Khader as Non-Executive Non-Independent Director; borrowing limit of Rs 200 Crore; investment/loan powers of Rs 50 Crore; related party transactions up to Rs 26.80 Crore for FY27. EGM on July 17, 2026.

Likely market impact

Diversification into consumer electronics, higher borrowing limits and related party deals await shareholder approval at July 17 EGM.