RCC Cements Board Approves MOA/AOA, New Business, Director Appointments

RCC Cements Ltd's Board of Directors has approved significant changes including adopting new Memorandum and Articles of Association, entering the consumer electronics and mobile phone business, and appointing two new directors: Mr. Faizal Bavaraparambil Abdul Khader as Non-Executive Non-Independent Director and Mr. Shatrughan Sahu as Non-Executive Independent Director. These changes are subject to shareholder approval. The board also approved enhanced borrowing powers up to ₹200 crore and investment/loan/guarantee powers up to ₹50 crore, pending shareholder special resolutions.