Archive · 20 Nov 2025
Power Mech Seeks Shareholder Nod to Boost Borrowing Limit
Power Mech Projects wants to borrow more money.
They need their shareholders' permission to do this.
They want to borrow up to ₹7,500 crore instead of the current ₹5,000 crore.
This is so they can pay for things like building new projects and buying things they need for their business.
Shareholders can vote on this from November 21 to December 20, 2025.
Power Mech Projects proposes to raise borrowing limit from ₹5,000 crore to ₹7,500 crore
Shareholders to vote remotely from November 21 to December 20, 2025
Company seeks consent to create mortgages/charges/hypothecation on its properties
Increase aimed at meeting future fund requirements and expansion plans
Shareholders previously approved existing limit of ₹5,000 crore on September 27, 2024
- Who
- Power Mech Projects
- What
- Seeks shareholder approval to raise borrowing limit
- When
- Remote e-voting period: November 21 - December 20, 2025
- Where
- Not specified
- Why
- To meet future fund requirements and expansion plans
- Current Borrowing Limit
- ₹5,000 crore
- Proposed Borrowing Limit
- ₹7,500 crore
- Voting Period
- November 21 - December 20, 2025