Pyramid Technoplast Limited (PYRAMID) — Board Meeting

📢 Key Event
Shareholders approved two special resolutions to increase borrowing and disposal limits to INR 500 crores.

🔄 What Changed
Increased borrowing powers and disposal limits to INR 500 crores.

💡 Investor Takeaway
The approvals expand the company's financial flexibility for future strategic moves.

Pyramid Technoplast Limited held an Extraordinary General Meeting on May 23, 2026, where shareholders approved two special resolutions: increasing borrowing powers under Section 180(1)(c) of the Companies Act, 2013 up to INR 500 crores and raising the limit for the sale, lease, transfer, mortgage or disposal of the whole or substantially the whole undertaking under Section 180(1)(a) also up to INR 500 crores. The meeting commenced at 11:30 A.M. and concluded at 11:50 A.M. after transacting these matters. The resolutions were passed by shareholders present either in person or via proxy, with voting results to be submitted separately per SEBI regulations.

📄 View Original Announcement (PDF)

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