Unitec Fibres delegates borrowing powers up to ₹20 Cr to MD

Unitec Fibres Ltd has announced that its Board of Directors, in a meeting held on November 7, 2026, has approved the delegation of powers to the Managing Director, Mr. Virander Omjagdish Behl. The MD is now authorized to negotiate, finalize, and avail short-term borrowings and working capital facilities from banks, financial institutions, and NBFCs. The aggregate limit for these borrowings is set at ₹20 crore at any given time, intended to meet operational and temporary working capital requirements and optimize liquidity management. This information will also be available on the company's website.