UpdatesCompany Update
Yogi Limited's Board has approved a significant increase in its financial operational limits.
YOGI Ltd511702 · Filed with the exchange
The company can now make loans, investments, and provide guarantees up to Rs. 500 Crore, up from Rs. 50-100 Crore, and boost borrowing capacity to Rs. 500 Crore.
These enhancements, pending shareholder approval, suggest potential for larger future projects.
The company will acquire 100% of Yogi Homes Private Limited, a real estate entity, for Rs. 3 Crore, making it a wholly-owned subsidiary and strengthening its real estate presence.
New Secretarial, Statutory, and Internal Auditors were also appointed.
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