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Som Datt Finance Corporation LtdOthers, 09-05-2025: AGM/EGM

09-05-2025 | 06:23 pm

Som Datt Finance Corporation Ltd. has announced that shareholders approved key special resolutions through postal ballot, including altering the Articles of Association and increasing the company’s borrowing limits and charge creation capacity to ₹50 Cr each. The Articles of Association were amended to introduce a provision empowering the company to issue new shares or financial instruments through various methods like rights issues, preferential issues, private placements, ESOPs, and others, subject to approvals. This enhances financial flexibility for capital raising and borrowing, supporting potential growth and funding strategies.

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