Cellecor Gadgets Limited has approved enhanced limits for loans, investments, guarantees, and related party transactions up to ₹500 crore, with higher thresholds planned for the next financial year. The company will seek shareholder approval for these proposals through an Extraordinary General Meeting scheduled for February 11, 2026.
Author: Aditya Pareek | EQMint
Cellecor Gadgets Limited has announced the Outcome of Board Meeting held on January 19, 2026, in compliance with SEBI Regulation 30 disclosure requirements. The company informed the National Stock Exchange of India Limited (NSE) that its Board of Directors considered and approved several key proposals aimed at supporting future growth and operational flexibility, subject to shareholder approval.
The board meeting commenced at 1:15 PM and concluded at 1:45 PM, during which strategic financial limits and governance-related matters were discussed and approved.
Approval of Financial Exposure Limits Under Companies Act
One of the most significant decisions taken during the meeting relates to the approval of various limits under the Companies Act, 2013, particularly Sections 185 and 186, which govern loans, guarantees, securities, and investments.
The Board approved a proposal allowing Cellecor Gadgets Limited to:
- Grant loans
- Make investments
- Provide guarantees
- Offer securities
directly or indirectly, up to an aggregate limit of ₹500 crore, to support business operations conducted through its subsidiaries, associates, joint ventures, and other permissible entities.
This approval aligns with the company’s stated business blueprint and long-term growth strategy, enabling it to deploy capital more efficiently across its group entities.
Related Party Transactions Limits Approved
In addition to financial exposure limits, the Board also approved enhanced limits for related party transactions under Section 188 of the Companies Act, 2013.
According to the disclosure:
- The aggregate limit for related party transactions has been approved at ₹500 crore for the current financial year
- For the next financial year, the approved limit has been increased to ₹1,500 crore, subject to compliance with applicable statutory provisions and shareholder approval.
These approvals are intended to provide operational flexibility, particularly given that a significant portion of the company’s business is carried out through subsidiaries, associates, and joint ventures.
Why the Approved Limits Matter
The approval of higher limits for loans, investments, guarantees, and related party transactions reflects Cellecor Gadgets Limited’s readiness to scale its operations. Such limits allow the company to:
- Fund expansion initiatives
- Support subsidiaries and joint ventures
- Respond quickly to business opportunities
- Streamline intra-group financial arrangements
For investors, the Outcome of Board Meeting signals management’s confidence in future growth and the need for financial agility in a competitive electronics market.
Extraordinary General Meeting Scheduled for Shareholder Approval
To obtain mandatory shareholder consent for the approved proposals, the Board has decided to convene an Extraordinary General Meeting (EGM).
EGM Details
- Date: Wednesday, February 11, 2026
- Time: 2:00 PM IST
- Mode: Video Conferencing / Other Audio Visual Means
The Board has approved the draft notice of the EGM and authorised the relevant directors and key managerial personnel to issue the notice to shareholders.
E-Voting and Scrutinizer Appointment
As part of the governance process, the Board appointed Mrs. Anu Malhotra, Practicing Company Secretary, as the Scrutinizer for the e-voting process and other matters related to the EGM.
The company clarified that:
- The EGM notice will be sent only through electronic mode
- Notices will be shared with members whose email addresses are registered with depositories or the company
- The notice will also be made available to the stock exchange and uploaded on the company’s website in due course.
This approach aligns with regulatory norms and promotes efficient shareholder participation.
Governance and Regulatory Compliance
The disclosure has been made strictly in accordance with SEBI Regulation 30, which requires listed companies to promptly inform exchanges about material developments. By sharing the Outcome of Board Meeting, Cellecor Gadgets Limited has ensured transparency around decisions that may impact its financial position and governance framework.
Such disclosures help investors make informed assessments of:
- Capital deployment strategy
- Corporate governance standards
- Long-term growth planning
What Investors Should Watch Going Forward
Following this announcement, investors and market participants may track:
- Voting outcomes of the Extraordinary General Meeting EGM
- Utilisation of approved ₹500 crore exposure limits
- Nature and scale of future related party transactions
- Financial performance of subsidiaries and joint ventures
While the approvals provide flexibility, their actual impact will depend on execution and alignment with shareholder interests.
Conclusion
Cellecor Gadgets Limited’s Outcome of Board Meeting highlights a strategic move toward enabling growth through enhanced financial and operational flexibility. By approving higher limits for loans, investments, guarantees, and related party transactions, and by calling an Extraordinary General Meeting, the company has followed due governance process while preparing for future expansion.
Disclosed transparently under SEBI Regulation 30, the development reinforces Cellecor Gadgets Limited’s commitment to regulatory compliance, shareholder engagement, and structured growth planning.
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Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Securities market investments are subject to market risks. Readers are advised to consult certified financial advisors or registered investment professionals before making any investment decisions.
