KUMBHAT FINANCIAL SERVICES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/04/2024 ,inter alia, to consider and approve To alter t.ch timhe object clause of the Memorandum as follows \r\n4. To Consider and Approve the Borrowing Powers of The Company U/S 180(1)(c) Of the Companies Act, 2013 and other applicable provisions, if any, of the Companies Act, 2013, \r\nand subject to the approval of shareholders in general meeting for a sum not exceeding Rs. 5.00 Crore \r\n5. To Authorise the Board pursuant to comly with the provisions of Section 180(1)(a) and other \r\napplicable provisions, if any, of the Companies Act, 2013 ('the Act') and subject to consent of the Members for creation of charge and on such terms as the Board may determine, on all or any of the moveable and / or immovable properties, \r\ntangible or intangible assets of the Company \r\n6. Subject to the approval of the Member, to authorise the Board to issue SECURED NON convertible Debentures under the following terms. \r\n\r\n7. To Authorise the Board to appoint Debenture Trustee. \r\n8. To convene an EGM to conduct Postal Ballot for the above resolutions. \r\n