Sah Polymers Limited — Board Meeting, 07-05-2025: Outcome of Board Meeting

Sah Polymers has approved a ₹325 Cr capex to develop Plug and Play office spaces, AI and IT parks, plus residential and industrial projects in Tier 2 and 3 cities. It plans to raise funds via a preferential issue of 72 lakh shares at ₹90 each to promoters and others. Authorised share capital will increase from ₹30 Cr to ₹34 Cr, with borrowing limits raised to ₹500 Cr. Harikant Turgalia joins as Non-Executive Director. The company is exiting its material subsidiary Fibcorp Polyweave and has dropped its merger plan with the holding company. Name change to Aeroflex Neu Limited is proposed.