Sakthi Finance Ltd — Updates, 14-08-2025: Company Update
14-08-2025 | 03:40 pm
14-08-2025 | 03:40 pm
Sakthi Finance's Board has approved key strategic moves. Smt. Susheela Balakrishnan and Sri S Chandrasekhar are appointed as Independent Directors for five years, following review by the Nomination and Remuneration Committee. Sri M Balasubramaniam is re-appointed as Managing Director for another five-year term. The company also plans to raise up to ₹ 250 crore via NCDs and other debt securities, and up to ₹ 20 crore through preference shares, both via private placement. Furthermore, the authorized share capital will be boosted from ₹ 130 crore to ₹ 150 crore. All these initiatives are subject to shareholder approval at the upcoming AGM.
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