Lloyds Enterprises Limited issued a postal ballot notice seeking shareholder approval for four resolutions under SEBI Listing Regulations.
The company seeks approval for loans, guarantees, and investments in other bodies corporate up to ₹5,000 crore under Section 186 of the Companies Act.
Resolutions include increasing borrowing limits to ₹3,000 crore and creating charges on assets to secure these borrowings under Sections 180(1)(c) and 180(1)(a).
Shareholder approval is also sought for material related party transactions with Geomysore Services India Pvt Ltd up to ₹1,000 crore for guarantees and indemnities.