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Other Financial Services
Board Meeting29 Aug 2026, 03:50 pm

Inani Securities Board Approves Management Changes & Borrowing Limit

AI Summary

Inani Securities Limited's Board of Directors met on August 29, 2026, approving several key changes. These include the adoption of new Memorandum and Articles of Association, changes in directorial designations, and an increase in the company's borrowing powers up to ₹100 crores. The board also approved the appointment of a new secretarial auditor and internal auditor, alongside the appointment of Ms. Hepsibah Thomas as Chief Financial Officer. Additionally, the sale of company properties and the approval of the Directors' Report for FY 2025-26 were discussed.

Key Highlights

  • Board approved changes in MD and Director designations.
  • Borrowing powers increased to ₹100 crores.
  • New Memorandum and Articles of Association to be adopted.
  • Ms. Hepsibah Thomas appointed as CFO.
  • Sale of company properties to be considered.