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Shri Niwas Leasing And Finance LtdBoard Meeting, 02-08-2025: Board Meeting

02-08-2025 | 05:03 pm

Shri Niwas Leasing and Finance Limited has announced a board meeting on Wednesday. Key agenda items include a discussion on increasing the company's authorized share capital, a step that could pave the way for future capital raising initiatives. Furthermore, the board will consider converting existing loans into equity shares. This potential move aims to strengthen the balance sheet by reducing debt, though it would be subject to shareholder approval and could lead to some dilution for current investors. The trading window for insiders remains closed.

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