This document represents a revised regulatory filing submitted to BSE Limited on 28 June 2026, correcting an inadvertent omission from the original Outcome of Board Meeting filed on 25 June 2026 at 16:37:24 PM. The revision adds one previously omitted item that was approved during the Board of Directors meeting held on 25 June 2026.
Corporate Guarantee Enhancement for Subsidiary
The Board of Directors approved the enhancement of an existing corporate guarantee provided to Iotiq Innovations Private Limited. The existing guarantee of ₹4,50,00,000 (Rupees Four Crores and Fifty Lakhs) was enhanced by an additional ₹89,00,000 (Rupees Eighty Nine Lakhs) in favor of State Bank of India. Following this enhancement, the total credit facilities availed by the subsidiary company will aggregate to ₹5,39,00,000 (Rupees Five Crores and Thirty Nine Lakhs only).
Additional Working Capital Facility (From Original Filing)
The Board approved availing an additional Working Capital Term Loan of ₹4.09 crore from HDFC Bank Limited under the ECLGS 5.0 scheme. This facility is intended for meeting the Company's working capital requirements. The facility is secured by extension of existing securities in favor of HDFC Bank Limited. Upon availing this facility, the Company's total banking facilities will increase to ₹48.74 crore.
CSR Committee Constitution (From Original Filing)
The Board constituted a Corporate Social Responsibility Committee for the Financial Year commencing from 2026. The committee comprises:
- Mr. Neti Srinivasan (Independent Director) as Chairperson
- Mr. Ashok Kumar Buddharaju (Executive Director) as Member
- Mrs. Anitha Alokam (Executive Director) as Member
Meeting Details
The Board meeting commenced at 12:00 PM and concluded at 4:30 PM on 25 June 2026.