Raymed Labs Ltd — Updates, 01-08-2025: Company Update

Cresanto Global's board has approved a **share capital reduction plan**, subject to shareholder and NCLT approval, aiming to streamline its capital structure. For compliance, M/s. Nidhi Bajaj & Associates were appointed as **Secretarial Auditor** for five years (FY25-26 to FY30-31) and Ms. Komal Bajaj as **Internal Auditor** for FY25-26. The board also greenlit **material related party transactions** for various business activities, including up to 20 Cr with Cresanto India Private Limited and K8 Products LLP, and up to 7.5 Cr each with Tidagela Ventures Private Limited, KVK Packaging LLP, and Koriander Consultants LLP. Details for the Annual General Meeting were also finalized.