Equippp Social Impact Technologies Limited — Others, 21-02-2025: Shareholders meeting

EQUIPPP Social Impact Technologies Limited has announced a board meeting to conduct a postal ballot seeking approval for several key resolutions. These include increasing the borrowing powers to ₹18 Crore, authorizing the sale or lease of substantial company assets, and permitting Non-Resident Indians (NRIs) to hold up to 24% of the paid-up capital. Additionally, the company aims to authorize loans to subsidiaries up to ₹11 Crore and conduct related party transactions with various entities. This move indicates a strategic focus on enhancing financial flexibility and attracting foreign investment. Investors may view this as a positive outlook for growth and operational expansion.