StockWatch
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Consulting Services
Board Meeting5 Dec 2025, 11:22 am

DRA Consultants Ltd. Approves Formation of Finance Committee, Enhances Credit Card Limit, and Grants Borrowing & Investment Powers to Managing Director

AI Summary

DRA Consultants Ltd. held a Board of Directors meeting on December 05, 2025, and approved several key decisions. The company has reviewed its business operations for planning the way forward and business strategy. The credit cards limit has been enhanced. A Finance Committee has been formed with Mr. Aditya Rathi as the Chairperson, along with Mr. Manvendra Jayapal and Ms. Renuka Borole as members. The Committee will oversee financial planning, treasury functions, and borrowing activities up to INR 5 crores. The Managing Director, Mr. Aditya Rathi, has been granted the authority to borrow funds up to INR 5 crores and make investments through the Company’s Demat account. The Company will open an additional Demat account and purchase a Mercedes-Benz vehicle through a financing arrangement with Mercedes-Benz Financial Services India Private Limited.

Key Highlights

  • Formation of Finance Committee
  • Enhancement of credit cards limit
  • Borrowing and Investment Powers to Managing Director
  • Opening of Additional Demat Account
  • Purchase of Vehicle on Finance