Board Meeting Announcement for Swadeshi Industries & Leasing Ltd - Apr 17, 2025

Swadeshi Industries & Leasing Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/04/2025 inter alia to consider and approve 1. To discuss and consider alteration in the Articles of Association of the Company subject to approval of shareholders. 2. To discuss and consider increase in Authorized Share Capital of the Company and alteration of Capita Clause in MOA and AOA subject to approval of shareholders. 3. The proposal for fund raising by way of preferential issue / private placement of securities for cash including determination of Issue Price subject to such regulatory/statutory approvals as may be required including the approval of shareholders of the Company. 4. To consider and approve obtaining unsecured loan from promoters and directors to be converted in equity shares of the Company subject to approval of shareholders.; 5. To transact other incidental and ancillary matters as may be decided by the board.