Servotech Renewable Power System Limited — Others, 06-12-2024: Shareholders meeting

Servotech Power Systems Limited has announced the results of its recent postal ballot, where shareholders approved two special resolutions. The company will change its name to Servotech Renewable Power Systems Limited, receiving 100% approval from voters, with 152.4 million shares cast in favor. Additionally, shareholders agreed to shift the company's registered office from Delhi to Haryana, also with 100% approval. This strategic rebranding and relocation may enhance market positioning and operational efficiency. The unanimous support reflects strong shareholder confidence, potentially indicating a positive outlook for future growth.