Avasara Finance Ltd — Others, 30-06-2025: AGM/EGM

Avasara Finance Limited has announced a board meeting to seek member approval via postal ballot for increasing its authorized share capital from Rs. 20 Cr to Rs. 37 Cr to support future expansion and capital raising. The company also proposes appointing three new Non-Executive Independent Directors—Mr. Vivek Ravindra Kakati, Mr. Nityanand Shankar Nayak, and Ms. Jaya Janardhan—for five-year terms. All three bring significant experience in corporate law, finance, fintech, and governance. The voting will be conducted electronically, with detailed instructions provided to shareholders for participation. These moves aim to strengthen the board and capital base, supporting growth prospects.