AGM approves director re-appointments, business expansion and INR 70 Cr related party loans
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At the 37th AGM on Sept 30, 2026, members approved re-appointment of Ayush Bansal as Whole-Time Director (till March 31, 2031) and Sandhya Bansal as Executive Director (till November 29, 2031). MOA object clause was altered to widen business into EPR, environmental services, electricity and gas by-product sales, and lending. Registered office will shift from Delhi to Uttar Pradesh. Material related party loans up to INR 70 Crores from Directors were approved, with a provision for possible conversion into equity shares.
Possible equity dilution if INR 70 Cr director loans convert to shares. Wider business scope and office shift to Uttar Pradesh.