Global Infratech & Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve increase in borrowing limits
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Global Infratech & Finance Ltd has scheduled a Board Meeting for May 25, 2026 to consider three key proposals. First, the company seeks to increase its borrowing limits under Section 180(1)(c) of the Companies Act, 2013, which requires shareholder approval for borrowings above a certain threshold. Second, the board will consider granting loans and providing guarantees or security under Section 185. Third, they will review the limits for investments, loans, guarantees, and securities under Section 186. The company is a small-cap firm based in Bengaluru operating in infrastructure and finance. This notice is filed under SEBI LODR Regulation 29.
The increase in borrowing limits suggests the company may be planning to take on additional debt for operational or growth purposes, which could dilute shareholder value if not managed carefully. Shareholders should monitor the outcome of this meeting for clarity on the intended use of funds.