Board approves 100Cr borrowing and acquisition plan through FY29
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The board approved borrowing up to ₹100 crore per year through FY 2028-29, acquisition authority of up to ₹100 crore per year for the same period, and disposal of non-core assets. New MOA and AOA adoption was approved subject to shareholder approval. RTA changed from Adroit to Accurate Securities. Promoter reclassification request was deferred due to incomplete information. Major items need shareholder approval via special resolution at an EGM.
Company signals major growth plans: up to ₹200 crore per year capacity for borrowing and acquisitions, plus asset sales. Awaiting shareholder approval.