Outcome of Board Meeting held on 20th September, 2025
Price
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Awaiting price reaction for this filing.
Chartered Logistics Ltd held a Board meeting on September 20, 2025, from 2:00 PM to 3:00 PM at its registered office in Ahmedabad. The Board considered and approved borrowing from Poonawala Fincorp Limited under Section 179 of the Companies Act, 2013. The disclosure was filed with BSE (Code: 531977) under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations. No specific borrowing amount or terms were disclosed in this filing.
The borrowing approval suggests the company may be raising funds for operational needs, expansion, or working capital, but the absence of any loan amount or purpose details leaves shareholders with limited clarity on the financial impact.