Unitec Fibres Limited submitted a regulatory disclosure to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors of the Company, at its meeting held on 07th November, 2026, approved the delegation of powers to the Managing Director Mr. Virander Omjagdish Behl (DIN: 01322448).
The delegated authority includes the power to negotiate, finalize, and avail short-term borrowings and working capital facilities from lenders in the ordinary course of business. These lenders may include banks, financial institutions, and non-banking financial companies.
The approved borrowing limit is up to an aggregate amount not exceeding ₹20 crore (Rupees Twenty Crore only) at any given time.
The stated purpose of this delegation is to meet operational and temporary working capital requirements and optimize liquidity management.
The company noted that this information is also available on its website at www.unitecfibres.in.
The disclosure was signed by Disha Vijay Rane, Company Secretary and Compliance Officer.