Raghav Productivity Enhancers Limited — Others, 21-11-2024: Shareholders meeting

Raghav Productivity Enhancers Limited has announced a board meeting regarding the approval of two special resolutions passed via postal ballot through remote e-voting. The first resolution increases the company's authorized share capital from ₹23 crore to ₹50 crore. The second resolution approves the issuance of bonus shares at a ratio of 1:1, capitalizing ₹22.95 crore from the securities premium account. This strategic move aims to enhance shareholder value and potentially attract more investors, reflecting a positive outlook for the company's growth trajectory.