SBC Exports Limited — Others, 27-02-2025: Shareholders meeting
27-02-2025 | 05:35 pm
27-02-2025 | 05:35 pm
SBC Exports Limited has announced a board meeting to discuss significant resolutions passed via postal ballot, including the increase of authorized share capital from ₹40 Cr to ₹50 Cr and the issuance of bonus shares at a ratio of 1:2. An unsecured loan of up to ₹100 Cr may also be obtained from directors and promoters. This strategic expansion aims to enhance financial flexibility and shareholder value, with the potential to positively influence investor sentiment regarding future growth opportunities. The approval of related party transactions ensures operational continuity, aligning with the company's business strategy.
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