Shri Niwas Leasing And Finance Ltd — Others, 07-08-2025: AGM/EGM

Shri Niwas Leasing and Finance will hold its 40th Annual General Meeting on Saturday, August 30, 2025, via video conference. Key proposals for shareholder approval include adopting the FY24-25 financial statements, re-appointing a director, and appointing statutory and secretarial auditors. Major plans involve amending loan agreements to convert unsecured loans into equity. The company also aims to significantly increase its authorized share capital from ₹44 Cr to ₹500 Cr. Additionally, it plans to issue 40 Cr new equity shares at ₹10 each to four non-promoter entities, converting ₹400 Cr of outstanding unsecured loans. This move is intended to strengthen the company's capital structure and reduce liabilities.