Industrial Products
Board Meeting3 April 2026 at 01:21 pm

Satani Bearings Ltd Announces EGM for Capital Increase and Borrowing Powers Up to INR 500 Crores

AI Summary

Satani Bearings Ltd has called for an Extra-Ordinary General Meeting (EGM) on 30th April, 2026. The agenda includes an increase in the authorized capital of the company from Rs. 20,00,00,000/- to Rs. 35,00,00,000/- and increasing the borrowing powers under Section 180(1)(C) of the Companies Act, 2013 up to INR 500 crores. The EGM will be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

Key Highlights

  • Satani Bearings Ltd calls for EGM on 30th April, 2026
  • Authorized capital to be increased from Rs. 20,00,00,000/- to Rs. 35,00,00,000/-
  • Borrowing powers under Section 180(1)(C) of the Companies Act, 2013 to be increased up to INR 500 crores
  • EGM to be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)