ALPHA TRIBE

Sai Capital LtdImportant, 06-12-2025: Company Update

06-12-2025 | 11:20 am

Sai Capital Limited has published a Notice of Postal Ballot seeking shareholder approval for several key proposals. The company aims to increase its borrowing limit from 500 Cr to 1,000 Cr and create charges on assets for these borrowings. Additionally, it plans to issue 1 crore equity shares through a preferential allotment at Rs. 5.10 each, including a premium, which will boost paid-up capital by 5.10 Cr. The ballot also includes the appointment of Mrs. Kavita Arora and Mr. Sanjeev Gupta as Independent Directors. These initiatives are crucial for strengthening the company's financial capabilities and enhancing its governance structure.

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