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Madhya Bharat Agro Products LimitedOthers, 20-03-2025: Shareholders meeting

20-03-2025 · 03:17 pm

Madhya Bharat Agro Products Ltd. has announced a board meeting to discuss voting results from their Extra Ordinary General Meeting (EGM). Key resolutions passed include an increase in borrowing powers up to ₹1,500 Crore, permissions for significant asset disposals, and authority for investments and loans beyond existing limits totaling ₹500 Crore. The resolutions received overwhelming support, with 99.99% of votes in favor. The approved measures suggest a strategic intent to enhance financial flexibility, which could bolster operational growth and investor confidence, signaling a positive outlook for the company's future endeavors.

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