ALPHA TRIBE

Borana Weaves LimitedOthers, 14-08-2025: Shareholders meeting

14-08-2025 | 06:27 pm

Borana Weaves Limited has announced its 5th Annual General Meeting on September 10, 2025, to adopt the financial results for FY 2024-25. The company reported robust growth, with revenue up 45.84% to ₹290.31 Cr and profit after tax surging 70% to ₹40.20 Cr. Shareholders will consider re-appointing a director and approving auditors. Significant proposals include authorizing up to ₹200 Cr for related party transactions, and increasing limits for inter-corporate loans/investments to ₹300 Cr. The company also seeks to raise its undertaking disposal limit to ₹100 Cr and boost borrowing capacity to ₹500 Cr, enabling future expansion plans.

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