Servotech Approves ₹800 Crore Borrowing Limit Subject To Shareholder Approval

Board approved enhancement of borrowing powers to ₹800 crore and creation of mortgage/charge over company assets up to ₹800 crore, subject to shareholder approval. It also approved material related-party transactions with Rhine Solar Limited and proposed the Managing Director’s five-year re-appointment from 1 June 2027. The enlarged borrowing headroom is notable as the company is moving toward debt-funded capex and backward integration. The related-party transaction approval adds a governance-sensitive item requiring shareholder consent. The filing does not disclose current borrowings, intended use of the ₹800 crore facility, financing terms, transaction value with Rhine Solar, or the nature of those transactions. Final dividend eligibility is set for 18 September 2026, but the dividend amount remains undisclosed.