This disclosure to BSE Limited outlines the outcomes of the Board of Directors meeting held on May 26, 2026. The meeting commenced at 11:20 Hrs and concluded at 12:45 Hrs.
The Board approved three key agenda items, all subject to subsequent approval by members via Postal Ballot:
- Approved an increase in borrowing limits not exceeding ₹50.00 Crores (Rupees Fifty Crores Only) under Section 180(1)(c) of the Companies Act, 2013.
- Approved the granting of loans and/or providing guarantees or security under Section 185 of the Companies Act, 2013. The specific limits for this provision were not quantified in the disclosure.
- Approved limits for Investments, Loans, Guarantees, and Securities not exceeding ₹50.00 Crores (Rupees Fifty Crores Only) under Section 186 of the Companies Act, 2013.
The document was digitally signed by Amarnath Srinivasalu Vecham and submitted by V S Amarnath (DIN: 07642585), Managing Director.