RSD Finance Ltd — Others, 05-04-2025: Notice for EGM to be held on 28.04.2025

RSD Finance Limited has announced a board meeting on April 28, 2025, at 11:00 AM to discuss a significant reduction of shareholding in its material subsidiary, Precision Automotive Private Limited, from 65% to 19% in Sigma HTS LLP. This decision involves transferring shares valued at Rs. 5.52 crore to Mr. Rajeev Singh Dugal, the Managing Director. The move reflects a strategic restructuring aimed at compliance and operational efficiency.

This update may positively influence investor sentiment by signaling proactive governance and potential future growth opportunities, though risks related to reduced control over subsidiaries could also arise.