Sah Polymers Limited — Others, 06-06-2025: Shareholders meeting

Sah Polymers Limited has announced a board meeting where shareholders approved several major changes, including amending the company’s object clause, increasing authorized share capital, and altering the Memorandum of Association. The company will change its name to Aeroflex Neu Limited. Approvals were also given for borrowing limits, creation of charges on assets, advancing loans, and related party transactions. Harikant Turgalia was appointed as a Non-Executive Non-Independent Director. Shareholders agreed to issue 72 lakh fully convertible warrants on a preferential basis and to disinvest its entire stake in subsidiary Fibcorp Polyweave Private Limited.