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

Praveg Limited has announced the voting results of its recent postal ballot. Shareholders approved the reappointment of Mr. Ajit Kumar Panda and Mr. Rajendrakumar Chaturbhai Patel as Independent Directors for their second terms. However, the proposal to enter into material related party transactions with Jhaveri Credits and Capital Limited was rejected by shareholders. Similarly, the proposal involving related party transactions with Fourth Pillar Construction did not get the necessary approval due to certain conditions not being met. These decisions affect the company’s governance and related party dealings, which are key for shareholder oversight.