Bhagyanagar India Limited — Others, 30-05-2025: Shareholders meeting

Bhagyanagar India Limited has initiated a postal ballot seeking shareholder approval for appointing Shri Venkateswara Rao Nukala as Executive Director, sanctioning loans, guarantees, or securities up to ₹500 Cr to subsidiaries and related parties for business needs, raising limits on such financial support to ₹500 Cr to back strategic initiatives including solar projects, and increasing overall borrowing capacity to ₹700 Cr to fund operations and new ventures. These measures are designed to enhance financial flexibility and drive the company’s growth strategy, with voting conducted through remote e-voting only.