The Board of Directors of the Company in its meeting held on Tuesday, 17th February 2026 at 02:00 PM, at the registered office of the Company, on a shorter notice, with the consent of all the directors has considered and approved the following business:-\r\n\r\n1. Authorized Mr. Joseph Varghese, Managing Director to accept a Term Loan of Rs. 1.37 Crore (Rupees One Crore Thirty Seven Lakh Only), at a Rate of Interest of 9.60% (Variable), floating from Indian Bank, Vytilla Branch, Ernakulam, to be repaid in residual 174 EMIs commencing after 6 months holiday period, with interest to be serviced as and when debited, and holiday period to commence immediately after disbursement, on mortgaging Door nos. 8/96-2 & 3 of our Hi-Lite property, Maradu, Ernakulam, for our working capital needs.\r\n\r\nThe meeting commenced at 02:00 PM and concluded at 02:45 PM.\r\n\r\nKindly take the same on records.\r\n