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Advance Lifestyles informs about outcome of board meeting

27 Jan 2025 Evaluate

Advance Lifestyles has informed that the Meeting of the Board of Directors of the company, was held on Monday, January 27, 2025 at Shorter Notice for consideration of the following business mentioned below. The meeting commenced at 12:30 pm and concluded at 01:30 pm. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it has informed that the Board of Directors at their meeting held on Monday, January 27, 2025 have transacted the following business at the said meeting: - a. The Board of Directors duly considered and approved convening this Board Meeting at Shorter Notice; b. The Board of Directors duly considered and approved appointment of Kashyap Vipin Gandhi (DIN: 02604428) as an Additional Managing Director of the Company with effect from January 27, 2025; c. The Board of Directors duly considered and take note of Resignation of Sundeep Agarwal as a Managing Director of the Company with effect from January 27, 2025; d. The Board of Directors duly considered and approved borrowing of money from Public Financial Institution to the extent of Rs. 10,00,00,000; e. The Board of Directors duly considered and approved investment of borrowed fund taken from Public Financial Institution in primary and secondary market securities; f. The Board of Directors duly considered and approved authorization to Gautam Methe to attend/ sign the documents in the legal matter of the company.

The above information is a part of company’s filings submitted to BSE.

Advance Lifestyles Share Price

32.98 0.13 (0.40%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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