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Sakthi Finance's Board of Directors has appointed Smt.

Sakthi Finance Ltd511066 · Filed with the exchange

Susheela Balakrishnan and Sri S Chandrasekhar as Independent Directors for five-year terms.

Concurrently, the Board re-appointed Sri M Balasubramaniam as Vice Chairman and Managing Director for another five years, ensuring leadership continuity.

To bolster financial flexibility, the company plans to raise up to ₹250 Cr via secured non-convertible debentures, commercial papers, and other debt instruments through private placement.

An additional ₹20 Cr will be raised through redeemable preference shares, also via private placement.

The authorized share capital will also increase from ₹130 Cr to ₹150 Cr.

All these initiatives are subject to shareholder approval.

Read the original filing(PDF)

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