AEGIS LOGISTICS : BOARD APPROVES RS 6,000 CR FUNDRAISING AND BORROWING LIMIT INCREASE

• Board approved increase in borrowing limits up to Rs. 6,000 Cr. • Authorized creation of charge/mortgage on company assets for borrowings. • Approved raising of funds up to Rs. 6,000 Cr via various instruments (equity shares, bonds, FCCB, ADR/GDR, debentures etc.). • Fund Raising Committee authorized to implement the proposal. Impact: Board meeting outcomes typically signal strategic financial maneuvers and potential growth opportunities.

Aegis Logistics Limited

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