ImportantCompany Update

Gowra Leasing & Finance Limited's shareholders, at the 33rd Annual General Meeting, approved significant financial authorizations.

Gowra Leasing & Finance Ltd530709 · Filed with the exchange

The Board is now empowered to undertake material related-party transactions, including borrowing up to 32 Cr from related companies and 33 Cr from directors, at an interest rate not exceeding 12% per annum.

Additionally, the overall borrowing limit for the Board has been raised to 100 Cr.

Shareholders also approved the continuation of Shri Pallapotu Sobhanadri as a Non-Executive & Independent Director, post-75 years of age.

These approvals enhance the company's financial flexibility and governance.

Read the original filing(PDF)

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