Gowra Leasing & Finance Ltd — Important, 20-08-2025: Company Update

Gowra Leasing shareholders have approved several key strategic initiatives. The company's authorized share capital will increase from Rs. 6 Cr to Rs. 10 Cr, facilitating future capital needs. Shareholders also approved a preferential issue of up to 24.975 lakh equity shares at Rs. 120 each, aiming to raise up to Rs. 29.97 Cr. This capital infusion supports business growth. Additionally, the board is now authorized to borrow up to Rs. 25 Cr from related companies and Rs. 10 Cr from directors. Leadership remains stable with the appointment of Shri Subbaraj Gowra as a Director and the re-appointment of Shri Gowra Srinivas as Managing Director for five years.