Responsive Industries Limited — Others, 29-04-2025: Shareholders meeting
29-04-2025 | 05:47 pm
29-04-2025 | 05:47 pm
Responsive Industries Limited has submitted the voting results from a recent Postal Ballot, confirming shareholder approval for two key resolutions: the reappointment of Mr. Mehul Vala as Whole-Time Director & CEO, along with his remuneration, and the conversion of a loan into equity in case of repayment default. A total of 26.66 Crore shares were voted, with 99.94% supporting the CEO's reappointment and 99.99% favoring the loan conversion. This strong backing is vital for governance continuity and financial flexibility, bolstering stakeholder confidence in the company's leadership and fiscal strategies.
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