StockWatch
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Trading & Distributors
Board Meeting7 Sept 2026, 02:50 pm

Glaam Up Jwel Ltd Board Approves Fundraise Up To ₹100 Cr

AI Summary

Glaam Up Jwel Ltd announced that its Board of Directors, in a meeting held on September 7, 2026, approved several key decisions. These include changes in director designations, with Mr. Nirav Khatri moving to Executive Director (Managing Director), Mr. Amit Gupta to Non-executive Director, and the appointment of Mr. Urvik Dipakbhai Joshi as Non-Executive Independent Director and Mr. Vicky Deepakkumar Shah as Chairman. The company also approved the relocation of its corporate office and the notice for the 8th Annual General Meeting. Furthermore, the board sanctioned borrowing of funds up to ₹100 Crores, increased limits for creating charges on assets, and approved provisions for loans, guarantees, and investments under relevant sections of the Companies Act, 2013.

Key Highlights

  • Board approved borrowing of funds up to ₹100 Crores.
  • Key management and director designation changes approved.
  • Corporate office relocation approved.
  • 8th Annual General Meeting notice approved.
  • Approvals for loans, guarantees, and investments granted.