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RIR Power Electronics LtdOthers, 04-07-2025: AGM/EGM

04-07-2025 | 11:28 am

RIR Power Electronics Limited has announced the results of its postal ballot conducted through remote e-voting, in which shareholders approved four key resolutions. These include increasing the company's authorised share capital, issuing bonus equity shares, subdividing each equity share of Rs. 10 into five shares of Rs. 2 each, and altering the capital clause of the Memorandum of Association. The resolutions saw overwhelming support, with nearly 70% of shares voting and promoter groups showing 100% approval. These changes aim to enhance capital structure flexibility and potentially improve share liquidity.

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