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Nilachal Carbo Metalicks schedules AGM with ?75 crore borrowing limit proposal

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Nilachal Carbo Metalicks has scheduled its 23rd Annual General Meeting for September 29, 2026. The gathering in Bhubaneswar will address significant corporate governance matters, including a substantial increase in the company’s borrowing powers and revisions to executive compensation.The Board of Directors has placed several special resolutions before shareholders to streamline financial operations and leadership structure. A central focus is the request for shareholder approval to enhance the company's borrowing capacity from banks and financial institutions. Financial Resolutions The most material financial proposal involves increasing the aggregate borrowing limit to ?75 crore. This ceiling covers both fund-based and non-fund-based borrowings. The…

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