Shri Dinesh Mills Approves Rs 40 Crore Loan And Real Estate Diversification

Board approved postal-ballot proposals to add real estate and commodity trading to the MOA, adopt a new MOA, transfer Stellent to Dinesh Felts, and provide an inter-corporate loan up to Rs 40 Cr. First concrete step toward the proposed FELT restructuring; Fernway is now Dinesh Felts and will hold Stellent, while the MOA broadens the company's scope beyond felts. Shareholder approval remains pending. Loan purpose, terms and repayment are undisclosed; no demerger scheme, asset split or listing mechanics were announced.