Semac Construction Limited — Others, 29-03-2025: Shareholders meeting

Semac Consultants Ltd. has announced a board meeting to confirm the passage of two Ordinary Resolutions via postal ballot: 1) reclassification of Authorized Share Capital and alteration of the Memorandum of Association, and 2) approval for Material Related Party Transactions with Revathi Equipment India Limited. Both resolutions received substantial approval, indicating strong shareholder support. The successful passage may enhance operational flexibility and potential future collaborations. For investors, this development presents a positive outlook, reinforcing the company’s strategic direction and governance framework.