Silgo Retail Limited announced the outcome of its Board of Directors meeting held on January 19, 2026. The board approved several key financial and corporate actions. These include the creation of pledge/charge/mortgage/hypothecation/assignment on the company's assets and extending guarantees as per Section 180(1)(a) of the Companies Act, 2013.

Furthermore, the board approved the company's borrowing powers in compliance with Section 180(1)(c) of the Companies Act, 2013. They also approved giving corporate guarantees under Section 185 and providing loans, guarantees, securities, and making investments under Section 186 of the Companies Act, 2013.

In addition, the board approved the notice for the 03/2025-26 Extra Ordinary General Meeting (EGM) to be issued to shareholders. M/s. A Balani & Associates, Practicing Company Secretaries, were appointed as scrutinizers to oversee the voting process for the upcoming EGM. The board meeting commenced at 12:30 P.M. and concluded at 01:30 P.M.