Likhitha Infrastructure Limited — Others, 26-03-2025: Shareholders meeting

Likhitha Infrastructure Limited has announced a board meeting for members to vote electronically on several key resolutions via Postal Ballot. These include increasing the borrowing limits to ₹400 Crore, creating charges on company assets, and approving loans or guarantees up to ₹365 Crore to associated entities. Additionally, the company seeks approval for material related party transactions with Likhitha Hak Arabia Contracting Company, totaling up to ₹65 Crore for FY 2025-26. The company aims to amend its Memorandum of Association to expand into renewable energy sectors, aligning with market demands. The proposed changes present growth opportunities, promoting diversification while maintaining core operations. Investor sentiment might be positive, given the strategic focus on expanding service offerings and securing necessary funding.