Nikita Greentech Recycling Approves ₹70 Crore Loans From Promoter Directors

Board approved shareholder approval for up to ₹70 crore of secured or unsecured loans from four promoter-directors, representing 19.996% of FY26 consolidated turnover, with potential conversion into equity or other securities. The material related-party transaction could increase leverage and create dilution risk. Context: extends reliance on promoter/director funding.