Yuken India Limited — Others, 28-05-2025: Shareholders meeting

Yuken India has announced a board meeting to approve two key shareholder votes via postal ballot. First, the re-appointment of Managing Director Mr. C P Rangachar for five years with a monthly remuneration of ₹7.5-10 lakh plus commission, recognizing his longstanding leadership. Second, a preferential issue of 5.84 lakh shares at ₹1,026 each to promoter Yuken Kogyo, raising about ₹59.92 Cr to support capacity expansion and new export-oriented products. This will increase the promoter’s stake from 44.62% to 47%. Shareholder approval is needed to proceed.