Gowra Leasing & Finance Limited held its Board of Directors meeting on June 27, 2026, which commenced at 04:30 p.m. and concluded at 06:50 p.m. The meeting was previously intimated to the exchange under Regulation 29 of SEBI (LODR) Regulations, 2015 on June 22, 2026.
The Board considered and approved the following matters:
- The Draft Notice for Annual General Meeting to seek approval of shareholders for borrowings from related parties along with other matters
- The Directors Reports along with annexures to form part of Annual Report 2025-26
- Proposal for borrowing through intercorporate loan of an amount not exceeding ₹57,00,00,000 (Rupees Fifty-Seven Crore only) in tranches to meet fund requirements for better performance of business operations, subject to approval of shareholders in the ensuing Annual General Meeting as per Section 180 and 188 of the Companies Act, 2013
- Proposal for borrowing from Directors of the Company an amount not exceeding ₹33,00,00,000 (Rupees Thirty-three Crore only) in tranches to meet fund requirements for better performance of business operations, subject to approval of shareholders in the ensuing Annual General Meeting as per Section 180 and 188 of the Companies Act, 2013
- Proposal for borrowing from Related parties an amount not exceeding ₹65,00,00,000 (Rupees Sixty-Five Crore only) which includes intercorporate loans and borrowings from directors in tranches, subject to approval of shareholders in the ensuing Annual General Meeting
The total proposed borrowing amounts to ₹155 crore, comprising ₹57 crore intercorporate loans, ₹33 crore from directors, and an aggregate ₹65 crore from related parties (which includes the previous two categories). All borrowing proposals are subject to shareholder approval at the upcoming Annual General Meeting.
The disclosure is made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The document was signed by Srinivas Gowra, Managing Director, on June 27, 2026 at 19:10:32.