Shree Digvijay Cement shareholders approve increased borrowing powers

Shree Digvijay Cement Company Limited announced on October 19, 2025, the successful conclusion of its postal ballot via remote e-voting, with shareholders approving all special resolutions. The voting period ran from September 19, 2025, to October 18, 2025.

The first resolution, increasing the board of directors' borrowing powers from INR 500 Crores to INR 750 Crores, passed with 98.68% in favor. The second resolution, authorizing the creation of charge/providing security on company assets, received 99.96% shareholder approval.

Finally, the resolution concerning making investments, giving loans, guarantees, and security in excess of limits specified under Section 186 of the Companies Act, 2013, was also approved with 98.66% of votes in favor. The scrutinizer, CS Manoj Hurkat of M/s Manoj Hurkat & Associates, confirmed the voting results. The company reported a total of 94,354 shareholders on the record date of September 12, 2025, with 439 equity shareholders participating in the e-voting process.