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

Gowra Leasing & Finance shareholders approved key resolutions at their recent AGM. They sanctioned an increase in the authorized share capital from Rs. 6 Cr to Rs. 10 Cr. The company also gained approval to raise up to Rs. 29.97 Cr through a preferential issue of 24.975 lakh equity shares at Rs. 120 each. Additionally, the Board is now authorized to borrow up to Rs. 25 Cr from related companies and Rs. 10 Cr from directors. Shareholders also approved the appointment of Shri Subbaraj Gowra as a new Director and re-appointed Shri Gowra Srinivas as Managing Director for five years. The continuation of two directors over 75 years was also approved.