RIR Power Electronics Ltd — Others, 03-06-2025: AGM/EGM

RIR Power Electronics has announced a postal ballot seeking shareholder approval for multiple corporate actions. These include increasing the authorised share capital from Rs. 14.05 Cr to Rs. 17.50 Cr by adding 34.5 lakh equity shares of Rs. 10 each. The company plans a 1:1 bonus issue of equity shares utilizing up to Rs. 7.95 Cr from reserves to reward existing shareholders and enhance share liquidity. Additionally, it proposes subdividing each equity share from Rs. 10 face value into five shares of Rs. 2 each to boost market participation, with corresponding amendments to the Memorandum of Association. Voting will be conducted electronically through CDSL.