Key Resolutions and Financial Limits

Resolution 1: Borrowing Limits under Section 180(1)(c)

  • Seeks approval to borrow money exceeding aggregate of paid-up share capital, free reserves and securities premium account
  • Total borrowing limit not to exceed ₹50.00 Crores (Rupees Fifty Crores Only) at any point
  • Excludes temporary loans obtained from bankers in ordinary course of business
  • Board authorized to finalize terms and conditions

Resolution 2: Loans/Guarantees/Security under Section 185

  • Approval to provide loans, guarantees, or security to subsidiaries, associates, joint ventures, or group entities
  • Aggregate amount not exceeding ₹50 Crores (Rupees Fifty Crores only)
  • Loans to be utilized for principal business activities only
  • Board authorized to take necessary actions

Resolution 3: Investments/Loans/Guarantees under Section 186

  • Approval for loans, guarantees, security provisions, and investments beyond prescribed limits
  • Limit set at ₹50.00 Crores (Rupees Fifty Crores) outstanding at any point
  • Exceeds 60% of paid-up capital, free reserves and securities premium account or 100% of free reserves and securities premium account
  • Board authorized to make decisions on timing, amount, and terms

Voting Details

  • E-voting period: May 28, 2026 (9:00 AM) to June 26, 2026 (5:00 PM)
  • Cut-off date for eligibility: May 22, 2026
  • Service provider: National Securities Depository Limited (NSDL)
  • Results to be announced within 2 working days after e-voting conclusion
  • Scrutinizer: Ms. Kriti Daga, Practicing Company Secretary (Membership No. ACS-26425 & C.P. No. 14023)

Distribution Method

  • Notice sent only via email to shareholders registered with RTA or Depository Participants
  • Physical copies not being sent as per MCA circulars
  • Notice available on company website (www.globalinfrafin.in) and BSE website

Financial Impact

The resolutions seek to enhance financial flexibility with aggregate limits of ₹50 crores for borrowing, lending/guarantees, and investments beyond statutory limits. Impact on capital structure and cash flows will depend on future utilization of these authorized limits.