Ratnaveer Precision Engineering receives shareholder approval on key resolutions

Ratnaveer Precision Engineering (BSE: 543978) announced the successful passage of resolutions during its Extraordinary General Meeting (EGM) held on July 4, 2025. Key resolutions included increasing the authorized share capital and amending clause 3(b) of the Memorandum of Association. The voting, conducted via remote e-voting and during the EGM, showed strong support from shareholders. The proposal to increase the authorised share capital saw 100% of votes cast in favour by the promoter group and a similar figure from the public institutions. For the vote to amend the Memorandum of Association, the promoter group had 100% cast in favour, whilst the public institutions had over 99%. All resolutions passed with over 99% approval, according to the scrutinizer's report by TNT & Associates. These approvals enable Ratnaveer Precision Engineering to pursue its strategic objectives, including potential future fundraising.