Jagsonpal Finance & Leasing Ltd — Others, 07-04-2025: Notice of Postal Ballot for seeking member''s approval for matters mentioned in enclosed Notice.

Jagsonpal Finance & Leasing has announced a board meeting to seek member approval for several key resolutions via Postal Ballot. Key items include relocating the registered office from Delhi to Maharashtra to enhance operational efficiency. Approval is also sought for a Master Service Agreement with Elanistech Private Limited, a related party, for technology services related to lending products. Additionally, the board seeks consent to raise borrowing limits up to ₹250 crore and alter clauses related to loans and investments exceeding statutory limits. This strategic shift may generate a positive outlook among investors as it positions the company for growth in operational efficiency and service offerings.