Aegis Logistics Seeks Board Approval for ₹6,000 Cr Fundraising
Aegis Logistics Ltd's Board of Directors, in a meeting held on September 28, 2026, has approved a proposal to increase the company's borrowing limits to ₹6,000 crores. This move, subject to shareholder approval via a special resolution, also authorizes the creation of charges on company assets and the raising of funds up to the same amount. The funds can be raised in one or more tranches, in rupee or foreign currency, through various instruments including equity shares, bonds, FCCBs, ADRs/GDRs, debentures, and other debt or equity-linked securities. The Board has empowered the Fund Raising Committee to execute this proposal. An Extraordinary General Meeting (EGM) will be convened to seek shareholder consent for these actions.
Key Highlights
- Board approved increasing borrowing limits to ₹6,000 crores.
- Company authorized to create charges on assets for borrowing.
- Fundraising of up to ₹6,000 crores approved.
- Shareholder approval required for these proposals.
- Fund Raising Committee authorized to implement the plan.
Price Impact
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