Outcome of the Board Meeting held on 24th March, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board of Sodhani Capital, held on 24 March 2026, approved adding a new object clause to the company's Memorandum of Association to enter the business of Direct Selling Agent (DSA) and referral agent for banks, NBFCs, and housing finance companies, facilitating loans such as home loans, personal loans, business loans, and loan against property. The board also approved raising the company's overall limit for giving loans, guarantees, securities, and making investments under Section 186 of the Companies Act from current levels to an aggregate of up to ₹100 Crores. Both items require shareholder approval through a postal ballot, the notice for which will be sent separately. The meeting lasted about 19 minutes (11:30 AM to 11:49 AM).
Signals a strategic push into loan facilitation and a much larger capital deployment capacity (up to ₹100 Cr), which could broaden revenue streams but also increase exposure to credit and investment risk. Shareholders will get to vote on both proposals via postal ballot.