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Board approved 1-for-2 split of Rs 10 shares into Rs 5 shares, Rs 50 Cr limit each under Sec 186 and Sec 185 for loans/investments/guarantees, via postal ballot. First large deployment mandate for tiny trading shell; limits dwarf its scale and thin balance sheet, signalling pivot to lending/investing with related-party scope and liquidity push. Member approval via postal ballot pending; borrowers, funding source, terms and timelines not disclosed; leverage and related-party governance are key risks.
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