Simplex Castings Ltd — Others, 23-06-2025: AGM/EGM

Simplex Castings Ltd. has announced the successful passing of two special resolutions at its Extra Ordinary General Meeting. The company approved issuing equity shares on a preferential basis to both promoter and non-promoter investors, indicating plans to raise capital for growth or debt reduction. Additionally, the re-appointment of Mr. Ketan Moolchand Shah as Whole Time Director, Chairman, and CEO was confirmed, ensuring leadership continuity. Both resolutions were passed with overwhelming shareholder support, reflecting strong backing for the company’s strategic and governance directions.