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

Gowra Leasing & Finance shareholders have approved several key proposals. The company's authorized share capital will increase from Rs. 6 Cr to Rs. 10 Cr. They also approved a preferential issue of up to 24,97,500 equity shares at Rs. 120 each, raising up to Rs. 29.97 Cr, aiming to strengthen financials. The Board can now borrow up to Rs. 25 Cr from related companies and Rs. 10 Cr from directors. Additionally, shareholders approved the appointment of new Secretarial Auditors and a new Director, the continuation of two existing Directors, and the re-appointment of the Managing Director.