Board approved final sanction for ₹43 crore One Time Settlement (OTS) with consortium banks, with ₹21.50 crore already released.
Approved enabling provisions for raising up to ₹25 crore via loan conversion to equity and/or issuance to promoters/strategic investors.
Appointed M/S Kumar Rupak & Associates as statutory auditor and increased authorized share capital.
Noted issuance of formal dispute notice to Simplot regarding non-return of machinery per SIAC Final Award.