Outcome of Board Meeting held on 03rd September, 2025.
Awaiting price reaction for this filing.
The Board approved the Annual Report for FY ended 31 March 2025 and the re-appointment of Mrs. Swati Sahukara (DIN: 06801137) as Director, who retires by rotation. M/s Nitesh Chaudhary & Associates was appointed as Secretarial Auditor for a first term of five years (FY 2025-26 to FY 2029-30). Several large financial authorities were approved, each capped at ₹100 crore and subject to shareholder approval: selling or disposing of the company's undertaking (Section 180(1)(a)), raising the borrowing limit (Section 180(1)(c)), making investments, loans and guarantees (Section 186), and entering related party transactions with promoters/promoter group/directors (Section 188). The 39th AGM was convened for Tuesday, 30 September 2025, with the shareholder register closed from 24-30 September 2025.
The ₹100 crore caps on borrowing, asset sale, investments and related party transactions are unusually large for a small-cap company and may indicate upcoming restructuring, expansion, or capital-raising activity - but all need shareholder nod at the AGM on 30 September 2025. The other items are routine governance steps tied to the AGM.