UMIYA BUILDCON LIMITED — Others, 13-12-2024: Shareholders meeting

MRO-TEK Realty Limited has called for a Postal Ballot to seek shareholder approval for several key resolutions, including changing its name to Umiya Buildcon Limited, increasing borrowing limits to ₹200 crore, and extending related party transaction limits up to ₹100 crore for 2025. The company also seeks to revise the remuneration of its Chairman for a three-year term at ₹2 crore annually, alongside the reappointment of two Independent Directors and the appointment of Dr. Raghu Nambiar. These strategic moves aim to enhance brand visibility and operational flexibility, potentially bolstering investor confidence as MRO-TEK leverages its established brand in real estate.