Corporate News
CSL Finance Limited’s upcoming Annual General Meeting will include votes on related party transactions and the re-appointment of several directors, according to a notice released to shareholders. A significant portion of the notice details borrowings from CSL Capital Private Limited, a related party where Managing Director Rohit Gupta and Whole Time Director Rachita Gupta, his daughter, hold substantial shareholdings. The notice outlines the terms of these borrowings, including interest rates, repayment schedules, and security details, alongside corporate guarantees and valuation reports. Directors Rohit Gupta and Rachita Gupta are both seeking re-appointment and the notice provides details on their qualifications, shareholdings, remuneration, and other directorships. Shareholders will use this information to evaluate the transactions and director qualifications when casting their votes at the AGM.