Interworld Digital Board Approves MOA/AOA, New Business, Director Appointment

Interworld Digital Limited's Board of Directors has approved several key changes, including the adoption of new Memorandum and Articles of Association, and a new line of business in consumer electronics and mobile products. The board also approved the appointment of Mr. Faizal Bavaraparambil Abdul Khader as a Non-Executive Non-Independent Director, subject to shareholder approval. Additionally, the board sought shareholder approval for increased borrowing powers up to ₹200 crore and investment/loan/guarantee powers up to ₹50 crore and ₹25 crore respectively, under relevant sections of the Companies Act, 2013.