Nitiraj Engineers Limited — Others, 09-05-2025: Shareholders meeting

Nitiraj Engineers Limited has announced a board meeting to discuss two special resolutions passed at an Extra-Ordinary General Meeting held via video conferencing: the appointment of Mr. Anil Nandkishor Bangad as an Independent Director and a proposal to increase overall managerial remuneration beyond the current 11% of net profits. Voting was conducted both remotely and at the meeting, ensuring transparent governance. These moves aim to strengthen leadership and better align executive pay with the company's growth plans, which is key for shareholders tracking management effectiveness.