Transwarranty Finance Ltd

The Board of Directors of the Company at its meeting held today i.e. Tuesday July 25 2023 has inter-alia: 1. considered and approved the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30 2023; 2. approved re-appointment of Mr. Kumar Nair (DIN: 00320541) as the Managing Director and Chief Executive Officer (CEO) of the Company; 3. considered and approved raising of funds by way of External Commercial Borrowing (ECB) for an amount not exceeding Rupee equivalent to USD 50 MN; 4. considered and approved raising of funds through issue of secured/unsecured redeemable Non-convertible Debentures (NCDs) including subordinated debt in one or more series/ tranches upto an aggregate amount of Rs. 100 Crores; 5. considered and approved to send Reminder Notice to the holders of partly paid-up equity shares issued pursuant to Right Issue on which first and final call money remains unpaid.