Sakthi Finance Ltd — Updates, 14-08-2025: Company Update
14-08-2025 | 04:03 pm
14-08-2025 | 04:03 pm
Sakthi Finance's Board of Directors has appointed Smt. Susheela Balakrishnan and Sri S Chandrasekhar as Independent Directors for five-year terms. Concurrently, the Board re-appointed Sri M Balasubramaniam as Vice Chairman and Managing Director for another five years, ensuring leadership continuity. To bolster financial flexibility, the company plans to raise up to ₹250 Cr via secured non-convertible debentures, commercial papers, and other debt instruments through private placement. An additional ₹20 Cr will be raised through redeemable preference shares, also via private placement. The authorized share capital will also increase from ₹130 Cr to ₹150 Cr. All these initiatives are subject to shareholder approval.
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