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

04-07-2025 | 11:58 am

RIR Power Electronics Limited has announced a board meeting to approve key corporate actions following a postal ballot conducted through remote e-voting. Shareholders approved increasing the authorised share capital, issuing bonus equity shares, and subdividing the face value of equity shares from Rs. 10 each into five shares of Rs. 2 each. The capital clause in the Memorandum of Association will also be altered accordingly. These approvals support the company’s plans for capital restructuring and shareholder value enhancement.

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