Rajasthan Tube Manufacturing Company Ltd — Others, 21-07-2025: AGM/EGM

Rajasthan Tube Manufacturing Company held its 39th Annual General Meeting, where shareholders voted on several key proposals. Members approved the adoption of the latest financial statements, the appointment of statutory and secretarial auditors, and the ratification of cost auditor remuneration. Crucially, shareholders gave their consent to increase the company's authorized share capital and allow for further issuance of equity shares, opening avenues for future capital raising and expansion. Additionally, Mr. Pankaj Jain was appointed as a Whole-Time Director and Mr. Mahendra Kumar Modi as an independent director. However, the re-appointment of Mrs. Rajshree Jain as a director was not approved by the shareholders, leading to a notable change in the board's composition.