Yuken India Limited — Others, 28-06-2025: Shareholders meeting
28-06-2025 | 04:13 pm
28-06-2025 | 04:13 pm
Yuken India Limited has announced a board meeting on the financial results for the quarter and half-year. Shareholders have approved two special resolutions via postal ballot: re-appointing Mr. C P Rangachar as Managing Director for five years and approving a preferential issue of up to 5.84 lakh equity shares to promoter Yuken Kogyo Company Limited at ₹1,026 per share, raising up to ₹59.92 Cr. The re-appointment secures experienced leadership, while the preferential issue will strengthen the company’s equity base and fund growth initiatives. Both measures received overwhelming shareholder support, indicating continued confidence in management and strategy.
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