Asian Warehousing Ltd

📊 Asian Warehousing Ltd. Seeks Shareholder Approval for ₹15 Crore Loan from Chairman

• Board approved unsecured loan not exceeding ₹15 Crores from Chairman & MD Mr. Bhavik Bhimjyani

• Loan to be used for company's funding requirements, including general corporate purposes and operational expenses

• Transaction subject to shareholder approval via postal ballot

• Mr. Bhavik Bhimjyani holds 5,173 equity shares (0.15%) in the company and is related to the promoter group

• Transaction conducted on an arm's length basis