Cargosol Logistics Board Approves Key Proposals for AGM
Cargosol Logistics Limited held a Board Meeting on August 11, 2026, approving several key proposals for the upcoming Annual General Meeting (AGM). These include the appointment of an Internal Auditor, noting the Secretarial Audit Report for FY25-26, and approving the record date for the AGM. The board also proposed significant increases in investment limits (up to ₹500 crores), related party transactions (up to ₹250 crores), and borrowing powers (up to ₹500 crores), all subject to shareholder approval. Additionally, the Directors' Report, Management Discussion Analysis, Corporate Governance Report, and the AGM Notice for FY25-26 were approved. The appointment of a scrutinizer for e-voting was also confirmed.
Key Highlights
- Board approved appointment of Internal Auditor.
- Proposed increase in investment limit to ₹500 crores.
- Proposed increase in borrowing power to ₹500 crores.
- Proposed increase in Related Party Transaction limit to ₹250 crores.
- Approved Directors' Report and AGM Notice for FY25-26.
Price Impact
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