Melstar Information Technologies Approves ₹300 Crore Promoter Convertible Loan

Board recommended shareholder approval for Rs 300 Cr unsecured loan with option to convert into equity from promoters/promoter group and directors; approved 39th AGM on Sep 30, 2026 via VC. Loan subject to shareholder approval; convertible promoter-group funding implies related-party support with potential future equity dilution. Conversion price, interest, tenure, use of funds and dilution not disclosed; other items were routine AGM matters like e-voting and book closure.