
Sodhani Capital Ltd. Announces Board Meeting Approval for Alteration of MOA, Loan Limit Enhancement, and Postal Ballot
Sodhani Capital Ltd. held a Board Meeting on 24th March, 2026, where several key decisions were made. The Board approved the alteration of the Object Clause of the Memorandum of Association (MOA) to include the business of Direct Selling Agent (DSA), referral agent, facilitator, and service provider for banks, NBFCs, housing finance companies, and other financial institutions. The limit for making loans, giving guarantees, providing securities, and making investments under Section 186 of the Companies Act, 2013, was also enhanced to an aggregate amount not exceeding ₹100 Crores, subject to shareholder approval. A Notice of Postal Ballot will be submitted to the Stock Exchanges for these matters. The meeting commenced at 11:30 A.M. IST and concluded at 11:49 A.M. IST.
Key Highlights
- Alteration of the Object Clause of the MOA to include the business of DSA and financial services provider.
- Enhancement of loan, guarantee, security, and investment limits under Section 186 of the Companies Act, 2013.
- Approval of a Postal Ballot for seeking shareholder approval on the above matters.
Price Impact
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