Uravi Defence and Technology Limited — Others, 10-01-2025: Shareholders meeting

Uravi Defence and Technology Limited has announced a board meeting on January 11, 2025, to seek shareholder approval via postal ballot for appointing Mr. Shlok Kaushik Gada (DIN: 10842154) as Whole Time Director for five years, starting November 20, 2024, with a proposed maximum remuneration of ₹10 lakh per annum. This move is intended to leverage Mr. Gada's extensive experience within the company to drive operational growth. The e-voting will begin on January 11 and conclude on February 9, 2025. Investor sentiment may shift positively as this appointment aligns with the company's strategic goals and operational continuity, although it carries a potential risk related to governance due to familial ties in management.