ALPHA TRIBE

Effwa Infra & Research LimitedOthers, 12-08-2025: Shareholders meeting

12-08-2025 | 05:26 pm

Effwa Infra & Research shareholders have given the green light to two key proposals via postal ballot. They approved a significant increase in the company's borrowing limits, raising them from Rs. 200 Cr to Rs. 350 Cr. Additionally, shareholders sanctioned the creation of a mortgage or charge on the company's assets. Both special resolutions passed with a strong majority of 99.88% in favor. This move provides Effwa with enhanced financial flexibility to secure larger funds, potentially enabling significant growth projects and strengthening its balance sheet for future operations.

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