Please find attached Outcome of the Board Meeting
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Quality RO Industries Ltd's board, at its meeting held on 12th February 2026, approved seeking shareholder authorisation under Section 186 of the Companies Act, 2013, which deals with the power to make loans, investments, give guarantees or provide security. The board also approved advancing loans, giving guarantees, or providing security under Section 185 of the Companies Act, 2013, which specifically covers loans to directors or entities connected to directors. Both these items are subject to shareholder approval. The company has called an Extra-Ordinary General Meeting (EGM) on 8th April 2026 at 1:00 PM at its registered office in Vadodara, with a record/cut-off date of 6th March 2026. Mr. Dilip Swarnkar of M/s Dilip Swarnkar & Associates has been appointed as the scrutiniser for the EGM voting process.
Shareholders as of the 6th March 2026 record date will get to vote on proposals that could allow the company to lend money, invest in, or guarantee third parties (Section 186) and potentially lend to or back entities connected to directors (Section 185). Such approvals are worth watching closely as they can increase the company's financial exposure beyond its core business.