Board approves shift from real estate to electronics manufacturing
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board met on 3 Sep 2026 and approved: 31st AGM notice for 28 Sep; Director's Report for FY26; major shift in main objects from infrastructure and real estate to electronics and electrical components manufacturing, requiring MOA change; borrowing power raised to Rs 70 crores; investment and loan limits raised to Rs 70 crores; Section 185 loan approval for interested persons; scrutinizer appointed for e-voting. All items except AGM notice and Director's Report need shareholder approval.
Major strategic pivot from real estate to electronics. Higher debt and investment ceilings of Rs 70 cr each. Most items need shareholder approval at AGM.