ALPHA TRIBE

RSWM LimitedOthers, 23-12-2024: Shareholders meeting

23-12-2024 | 04:34 pm

RSWM Limited conducted a postal ballot, resulting in the successful approval of five special resolutions by shareholders. Key outcomes include the appointment of Shri Sunil Dharamvir Dhawan as an Independent Director, continuation of Shri Arun Kumar Churiwal's directorship, an increase in the borrowing limit, amendments to the Articles of Association, and the creation of mortgage/charge on company assets. Each resolution received overwhelming support, with over 99% voting in favor. This approval reflects strong shareholder confidence and positions RSWM for enhanced operational flexibility and governance. Investors may view this as a positive outlook, reinforcing the company's strategic initiatives.

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