Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform your good office that the meeting of the Board of Directors of the Wardwizard Innovations & Mobility Limited ('the Company') at its meeting held today i.e. Friday, March 29, 2024, has inter alia, transacted and approved the following item:
The approval of the board be and is hereby accorded to avail Short-Term Working Capital Loan facility to an amount of Rs. 7,00,00,000/- (Rupees Seven Crores only) from the Non-banking Financial Company- Shriram Finance Limited for financing the Company's funding requirements on such terms and conditions as may be mutually agreed upon between the Company & lender.
The meeting of Board of Directors commenced at 10.30 A.M & concluded at 11.00 A.M.
Kindly take the same on your records.
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