EGM approves entry into consumer electronics and Rs 200 crore borrowing limit
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Interworld Digital's EGM on 17 July 2026 approved 8 special resolutions. Key items: alteration of the object clause to enter consumer electronics, mobile phones, accessories and computer hardware business. New MOA and AOA adopted under the Companies Act 2013. Mr Faizal Bavaraparambil Abdul Khader appointed as Non-Executive Non-Independent Director. Borrowing limit raised to Rs 200 crore, investment and loan powers to Rs 50 crore, loans under Section 185 capped at Rs 25 crore, and related party transactions for FY27 capped at Rs 26.80 crore.
Company is shifting focus to consumer electronics and mobile products. Higher borrowing and related party limits give the board more flexibility to fund growth.