Outcome of the Meeting of Board of Directors
Price
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Shree Securities Ltd's Board of Directors met on May 4, 2026 and approved key items including the Board's Report, Corporate Governance Report, Management Discussion and Analysis, and Secretarial Audit Report for FY 2024-25. The Board approved advancing loans, guarantees, and securities under Section 185 of the Companies Act. It also increased the threshold for loans, investments, and securities under Section 186. Notably, the limit for foreign portfolio investors, FIIs, FDI, and NRIs to invest in the company was raised to 49% of total paid-up capital. The 32nd AGM is scheduled for June 2, 2026 at 12:00 PM through video conferencing. The e-voting period runs from May 30 to June 1, 2026.
The increase in FPI/NRI investment limit to 49% could attract greater foreign capital inflows, which is positive for the stock. The expanded Section 185 and 186 thresholds provide the company more flexibility for lending and investment activities, potentially supporting business growth.