ALPHA TRIBE

SBC Exports LimitedOthers, 27-01-2025: Shareholders meeting

27-01-2025 | 04:15 pm

SBC Exports Limited has announced a board meeting to address several key resolutions through postal ballot. These include increasing the authorized share capital from ₹40 crore to ₹50 crore, the issuance of bonus shares in a ratio of 1:2, approval for unsecured loans up to ₹100 crore from directors/promoters, and related party transactions. The remote e-voting will take place from January 28 to February 26, 2025, with results expected by February 27. This move to enhance capital structure and shareholder value indicates a proactive strategy, likely generating positive sentiment among investors regarding future growth prospects.

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