Deccan Transcon Leasing Limited — Board Meeting, 28-02-2025: Outcome of Board Meeting

The Board of Directors of Deccan Transcon Leasing Ltd. has announced key decisions from their recent meeting, including an increased credit facility with HSBC and in-principle approval from DBS Bank for a credit facility for its subsidiary, Deccan Shipping & Logistics Sdn. Bhd., secured by a Standby Letter of Credit. Additionally, the Company Secretary, Khushboo Gautam, has been redesignated to report directly to the Chairman, reflecting an alignment with board governance practices. These developments may strengthen the company’s financial flexibility and oversight.