FilingReader Intelligence

RIR Power Electronics shareholder resolutions approved via postal ballot

July 4, 2025 at 06:10 AM UTCBy FilingReader AI

RIR Power Electronics announced that all resolutions presented to shareholders via postal ballot have been approved. Key approvals include increasing the company's authorised share capital and issuing bonus equity shares. Further, shareholders approved the sub-division of each equity share with a face value of INR 10 into five equity shares with a face value of INR 2 each, alongside alterations to the capital clause in the memorandum of association. The remote e-voting process concluded on July 3, 2025, with results showing overwhelming support for all proposed resolutions. The voting results and scrutinizer's report are available on the company's website. A report from scrutineer Neetu Agrawal confirmed the resolutions were passed with the required majority.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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