Agi Infra Limited — Others, 24-03-2025: Shareholders meeting
24-03-2025 · 11:53 am
AGI Infra Limited has announced a board meeting to seek member approval through a postal ballot on various resolutions. Key items include accepting deposits from the public and members, re-appointments of Mr. Sukhdev Singh Khinda as Managing Director with a remuneration of ₹72,00,000 per annum, and Mrs. Salwinderjit Kaur as Whole Time Director at ₹48,00,000 per annum. Other resolutions involve increasing borrowing limits to ₹500 Crore and creating charges on company assets for further financing. This move aims to enhance working capital and support long-term business growth, which may foster positive sentiment among investors, offering new avenues for capital acquisition.
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