Asian Warehousing Seeks ₹15 Crore Related Party Loan Approval

Asian Warehousing seeks shareholder approval via postal ballot for a ₹15 crore unsecured loan from its Chairman & MD, Bhavik Bhimjyani.
The loan, carrying 7% interest repayable on demand, is for general corporate purposes and requires approval as a material related party transaction.
Remote e-voting is scheduled from April 21 to May 20, 2026, with NSDL facilitating the process and results to be declared by May 22.
The Audit Committee and Board have already approved the transaction, confirming it is on an arm's length basis and in the ordinary course of business.