Outcome of the Board Meeting held today
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors met on 26 August 2025 and approved several items. These include the Board's report for FY ending 31 March 2025 and calling the 35th AGM on 23 September 2025 in Raipur, Chhattisgarh. The Board also approved proposals to lend, invest or give guarantees up to Rs. 10 crore and to borrow up to Rs. 10 crore (both subject to shareholder approval at the AGM). Additionally, the company plans to alter its Articles of Association to align with current Companies Act provisions and has appointed a scrutinizer for the AGM e-voting process.
The key takeaway for shareholders is the proposal to raise up to Rs. 10 crore in borrowings, which could expand the company's debt capacity. All major financial proposals require shareholder approval at the upcoming AGM on 23 September 2025.