RACL Geartech Limited — Others, 09-05-2025: Shareholders meeting

RACL Geartech Ltd. has announced a board meeting to approve the issuance of 830,711 equity shares on a preferential basis to qualified institutional buyers and 175,769 equity shares to certain non-qualified institutional buyers, both under the non-promoter category. The resolutions received strong shareholder support, reflecting confidence in the company’s plans. These share issuances aim to broaden the shareholder base and provide capital to support future growth opportunities.