Poonawalla Fincorp Limited — Others, 09-01-2025: Shareholders meeting
09-01-2025 | 06:42 pm
09-01-2025 | 06:42 pm
Poonawalla Fincorp Limited held an Extraordinary General Meeting (EGM) via video conference, where all proposed resolutions were passed with a requisite majority. Key outcomes include the appointment of Mr. Rajeev Sardana as a Non-Executive Independent Director, re-appointment of Mr. Sanjay Kumar as an Independent Director, and an increase in the borrowing limit to ₹50,000 Crore. The company has opted for greater financial flexibility and governance structure to enhance operational capacity, which could be viewed positively by investors looking for robust strategic growth. Overall, this reinforces a positive outlook for the company's future endeavors.
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