Please find attached herewith Intimation regarding Extra-Ordinary General Meeting of the Company to be held on Friday, 19th June, 2026.
DCAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company has scheduled an Extra-Ordinary General Meeting on Friday, 19th June, 2026 at 15:00 IST through Video Conferencing/OAVM. Two special business items are on the agenda: (1) an increase in borrowing limits requiring a Special Resolution under Section 180(1)(C) of the Companies Act, 2013, and (2) approval for availing a loan from the Promoter Group Entity under the External Commercial Borrowings (ECB) route as a Material Related Party Transaction, requiring an Ordinary Resolution. The detailed Notice and voting instructions will be sent to shareholders separately.
The increase in borrowing limits could provide the company greater financial flexibility for growth or operations. The Material Related Party Transaction with the Promoter Group Entity raises potential concerns about conflict of interest and requires shareholder scrutiny.