Board approved entry into computer software and hardware, consumer electronics, mobile phones, accessories and allied products, subject to shareholder and regulatory approvals. It also proposed borrowing authority up to Rs 300 Cr, investments, loans, guarantees and securities up to Rs 50 Cr, and related-party transactions up to Rs 25 Cr. The proposed business diversification is intended to expand the company into high-growth consumer electronics and technology markets, but no specific investment commitment has been made. The MOA and AOA will be amended to facilitate the new activities. The proposals require shareholder approval at the AGM. The filing does not disclose the operating plan, funding deployment, counterparties, valuation or expected financial contribution; the Section 185 and related-party authorizations add execution and governance uncertainty.
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