Board approves Rs 1000 Cr borrowing limit and related-party loans
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TTI Enterprise board approved borrowing and lending limits up to Rs 1,000 crore and authorised mortgaging company assets as security. It approved taking loans from four related-party firms (Realearth Ecofarms, Real One Multitrade, Centreal Biofuels, Aries Industrial Park) convertible into equity or preference shares, posing dilution risk. Material related-party transactions were cleared. The 45th AGM was fixed for September 28, 2026 via video conferencing, with book closure from September 22 to 28.
Potential equity dilution from convertible related-party loans; higher debt capacity points to expansion or fund-raising plans.