Praveg Ltd — Others, 03-05-2025: AGM/EGM

Praveg Limited has announced the reappointment of Mr. Ajit Kumar Panda and Mr. Rajendrakumar Chaturbhai Patel as Independent Directors for their second terms, both approved by shareholders with strong affirmative votes. Shareholders rejected the proposals for material related party transactions with Jhaveri Credits and Capital Limited and Fourth Pillar Construction due to insufficient fulfillment of statutory conditions. These outcomes maintain the current board composition while halting potential related party deals that might have impacted future operations or governance. This preserves existing stakeholder interests without expanding related party exposure.