Manbro Industries Ltd — Others, 30-05-2025: AGM/EGM

Manbro Industries Limited has announced a Board meeting to hold an Extra-Ordinary General Meeting (EGM) through video conference. Key agenda includes appointing Mr. Dilip Kumar Goenka as Executive Director and Managing Director for five years, along with appointing Mr. Binod Kumar Goenka as Non-Executive Non-Independent Director. Three Chartered Accountants — Mr. Sunil Sharma, Ms. Varsha Bothra, and Mr. Shalen Jain — have been proposed as Independent Directors for five-year terms. The company seeks shareholder approval to alter its main business objectives to expand into eco-friendly building materials, recycling, renewable energy, healthcare, hospitality, financial services, and IT solutions. It also plans to shift its registered office from Delhi to Guwahati, enhance borrowing limits up to ₹500 Cr, and raise its capacity to provide loans, guarantees, and investments up to ₹500 Cr. The EGM will also ratify earlier approvals of convertible warrants totaling 43.5 lakh. These moves aim to diversify operations, improve governance, and support growth and financial flexibility.