Positron Energy Board Approves ₹500 Crore Borrowing Limit Proposal

Board approved, subject to shareholder approval, an increase in aggregate borrowing capacity to Rs 500 Cr and creation of charges over company assets to secure such borrowings. Rajiv Shankarankutty Menon was re-appointed Managing Director, while Sujit K Sugathan and Manav Bahri were re-appointed Whole-Time Directors for five years from 19 January 2027. The borrowing authorization creates substantial financing headroom for gas aggregation expansion, order-book execution or future capex, while the three re-appointments maintain management continuity. No new borrowing, funding purpose, drawdown timeline, interest terms or dilution was disclosed; shareholder approval is required, and company assets may be pledged as security.