Raconteur Global Resources Ltd — Updates, 25-07-2025: Company Update

Raconteur Global Resources shareholders at the 7th Annual General Meeting approved an increase in the company's Authorized Share Capital to Rs. 48.00 Cr. This move expands the company's capacity to raise capital in the future, supporting potential growth initiatives and providing financial flexibility. Additionally, Mr. Iqbal Singh ceased to be a Non-Executive Director as shareholders did not approve his reappointment by rotation. This alters the board composition, reflecting a change in the company's governance structure based on shareholder voting.