Woodsvilla 38th AGM: borrowing limit raised to Rs 15 cr, resort sale approved
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Woodsvilla held its 38th AGM on 29 Sept 2026 via video conferencing. Members approved FY26 audited financials, reappointed Meena Aggarwal as Director retiring by rotation, appointed Kundan Agrawal and Associates as Secretarial Auditor for 5 years from FY27 to FY31, raised overall borrowing limit to Rs 15 crore under Section 180(1)(c), and approved sale or transfer of Woodsvilla Resort and Woodsvilla Residency Apartments as going concern at not less than book value.
Borrowing cap raised to Rs 15 cr and resort asset sale approved, possibly indicating expansion funding plans or restructuring ahead for the small-cap firm.