Board Meeting29 Aug 2026, 03:00 pm

Jhaveri Credits Board Approves Borrowing & Mortgage Limit Increase

AI Summary

Jhaveri Credits & Capital Ltd announced that its Board of Directors, in a meeting held on August 29, 2026, approved an increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013, and an increase in limits for the creation of charge/mortgage on company property under Section 180(1)(a) of the Companies Act, 2013. Both approvals are subject to shareholder consent. The board meeting commenced at 02:00 p.m. and concluded at 02:30 p.m.

Key Highlights

Board approved increase in borrowing limits.
Board approved increase in property mortgage limits.
Both approvals require shareholder consent.
Decisions made during board meeting on August 29, 2026.

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