Board okays AGM on 30 Sep, triples borrowing limit to Rs 150 Cr
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board met on 5 Sep 2026, approving the 15th AGM on 30 Sep via video conference. Book closure runs 23-30 Sep. Approved a threefold hike in borrowing limit from Rs 50 Cr to Rs 150 Cr under Section 180. Approved related party deals with Desco Bio Green and Shri Green Agro Energies, each up to Rs 30 Cr per year for sale of services. Re-appointed Pankaj Desai as MD, regularised Shailesh Naik as Independent Director, and revised pay for MD and two other directors. All major items need shareholder approval at the AGM.
Tripled borrowing limit signals possible debt expansion. Related party deals and director pay hikes need shareholder approval at AGM on 30 Sep.