StockWatch
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Iron & Steel Products
Board Meeting11 Sept 2026, 03:36 pm

Alliance Integrated Metaliks Board Approves Unsecured Loan Facility

AI Summary

Alliance Integrated Metaliks Ltd's Board of Directors met on September 11, 2026, approving the borrowing of an unsecured loan with an option for conversion into equity shares, subject to shareholder approval. The board also approved a corrigendum to the notice of the 37th Annual General Meeting (AGM), scheduled for September 25, 2026. This corrigendum adds an item to seek shareholder approval for the unsecured loan facility. The AGM will be held via Video Conferencing (VC)/ Other Audio Visual means (OAVM).

Key Highlights

  • Board approved unsecured loan with equity conversion option.
  • Shareholder approval required for the loan facility.
  • AGM scheduled for September 25, 2026, via VC/OAVM.
  • Corrigendum issued to AGM notice to include loan approval item.
  • Board meeting duration: 3:00 PM to 3:30 PM.