Whalesbook
Power Mech Projects is seeking shareholder approval to raise its borrowing limit from Rs 5,000 crore to Rs 7,500 crore. This increase is intended to support its substantial order book and fund future requirements, including working capital, capital expenditure, and expansion plans. Shareholders will vote on this special resolution via remote e-voting from November 21 to December 20, 2025. The company needs enhanced financial flexibility to manage upcoming projects and subsidiary obligations.