Sodhani Capital Ltd. Board Approves Alteration of Object Clause, Loan Limits
Sodhani Capital Ltd. announced on March 24, 2026, that its Board of Directors approved an alteration to the company’s Memorandum of Association. The change, subject to shareholder approval via postal ballot and relevant authorities, inserts a new clause enabling the company to operate as a Direct Selling Agent (DSA), referral agent, and facilitator for financial institutions. This includes sourcing, marketing, and facilitating loans and financial products such as home loans, personal loans, and business loans. The company will also assist with documentation and act as an intermediary between customers and lending institutions, in accordance with applicable laws and regulations.Furthermore, the Board approved an enhancement of limits for making loans, giving guarantees, providing securities, and making investments, up to an aggregate amount not exceeding ₹100 Crores. This decision is also contingent on shareholder approval through a postal ballot.
A notice for the postal ballot seeking approval for these matters will be submitted to the stock exchanges.
The Board meeting commenced at 11:30 A.M. IST and concluded at 11:49 A.M. IST.
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