ALPHA TRIBE

Apollo Finvest India LtdImportant, 24-08-2026: Company Update

24-08-2026 | 08:00 pm

Apollo Finvest will hold its 40th Annual General Meeting to address crucial business matters. Shareholders will vote on adopting the past financial year's audited statements and re-appointing Director Mikhil Innani. The company is seeking approval to raise up to 100 Cr by issuing Non-Convertible Debentures, vital for future funding needs, remaining well within its 500 Cr overall borrowing limit (15 Cr currently outstanding). Furthermore, the board proposes securing an unsecured loan of up to 40 Cr from Directors/Promoters at competitive interest rates (10.25%-14%) to boost working capital. A new Secretarial Auditor will also be appointed.

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