Nitiraj Engineers Limited — Others, 10-05-2025: Shareholders meeting

Nitiraj Engineers Limited has announced the successful approval of key resolutions at its Extra Ordinary General Meeting via video conferencing. This includes the regularization of Mr. Anil Nandkishor Bangad as an independent director and an increase in overall managerial remuneration beyond 11% of net profits. Strong shareholder support was evident, with promoters unanimously in favor and public shareholders overwhelmingly approving. These decisions enhance corporate governance and better align management incentives with shareholder interests.