NSB BPO Board Approves Director Re-appointment, Borrowing Limit Hike
NSB BPO Solutions Limited's Board of Directors met on September 02, 2026, approving several key proposals. The Board approved the Draft Board's Report and Management Discussion and Analysis Report for FY 2025-26. Key recommendations to shareholders include the re-appointment of Mr. Narendra Singh Bapna and the appointment of Mr. Abhiraj Singh Rana as an Independent Director. The Board also recommended increasing borrowing limits under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013, up to ₹150 Crores each. Proposals for granting loans/guarantees up to ₹150 Crores under Section 185 and investments/loans up to ₹150 Crores under Section 186 were also approved. Material related party transactions for FY 2026-27 were approved, subject to member approval. The 21st Annual General Meeting is scheduled for September 30, 2026, with the Register of Members and Share Transfer Books closing from September 24, 2026.
Key Highlights
- Board approved re-appointment of director and appointment of new independent director.
- Recommended increasing borrowing limits to ₹150 Crores under two sections.
- Approved proposals for loans, guarantees, and investments up to ₹150 Crores.
- AGM scheduled for September 30, 2026, with record date set.
- Approved draft Board's Report and MD&A for FY 2025-26.
Price Impact
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