RSWM Limited — Others, 21-12-2024: Shareholders meeting

The Board has decided to seek member consent via Postal Ballot for several special business resolutions. Key items 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 power limit, an amendment to the Articles of Association, and approval for creating a mortgage on the company's assets. E-voting is open until December 21, 2024, with results expected by December 24, 2024. Successful resolutions could signal governance strengthening, while investor sentiment may hinge on responses to the proposed changes, suggesting a positive outlook.