B. P. Capital Ltd: Shareholders Approve Director Re-appointment & Borrowing Powers

B. P. Capital Ltd announced that its shareholders approved the re-appointment of Mr. Ajay Sharma as a Non-Executive Independent Director for a second term of five years, effective September 1, 2026. The Annual General Meeting (AGM) also saw approval for alterations to the Memorandum and Articles of Association to facilitate new business in computer software, hardware, and consumer electronics. Shareholders further authorized the Board to borrow up to ₹300 Crore, make investments/loans up to ₹50 Crore, and engage in related party transactions up to ₹25 Crore. Approval was also granted for transactions under Section 185 of the Companies Act, 2013, up to ₹25 Crore.