Nyssa Corp Board Approves Borrowing Limit Increase to ₹50 Cr

Nyssa Corporation Ltd announced outcomes from its Board Meeting held on July 14, 2026. Key approvals include the adoption of the Notice and Directors Report, setting the book closure period for the AGM, and scheduling the AGM for August 11, 2026. The board also approved the appointment of internal and statutory auditors, re-designated Mr. Sandeep Gaur as Chairman & Managing Director for three years, and appointed Ms. Isha Bothra as Secretarial Auditor for five years. Significant financial decisions include increasing the company's borrowing limits up to ₹50 Crore under Section 180(1)(c) and approving loans/guarantees up to ₹50 Crore under both Section 180(1)(c) and Section 185. Additionally, the authorized share capital was increased to ₹55 Crore, and a new set of Articles of Association was adopted. Ms. Isha Bothra was also appointed as Scrutinizer for the AGM.