Sakthi Finance Ltd — Updates, 14-08-2025: Company Update
14-08-2025 | 03:45 pm
14-08-2025 | 03:45 pm
Sakthi Finance's Board has approved key strategic moves. It has appointed Smt. Susheela Balakrishnan and Sri S Chandrasekhar as Independent Directors for five years, strengthening board oversight. Concurrently, Sri M Balasubramaniam has been re-appointed as Vice Chairman and Managing Director for another five-year term, ensuring leadership continuity. The company also plans to raise up to ₹ 250 crore through NCDs and other debt instruments, and up to ₹ 20 crore via preference shares, both through private placement. To facilitate future capital needs, the authorized share capital will increase from ₹ 130 crore to ₹ 150 crore. All proposals require shareholder approval at the upcoming AGM.
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