DRC Systems India Limited — Others, 26-08-2025: Change in Director(s)

DRC Systems' board has approved a preferential issue of 1 Cr equity shares at Rs. 25 each to Shiv Minechem, raising Rs. 25 Cr for the company. The board also approved the re-appointment of three independent directors for five-year terms. Additionally, the authorized share capital will increase from Rs. 15 Cr to Rs. 17.50 Cr by creating 2.50 Cr new equity shares. These key proposals, aimed at strengthening the company's financial flexibility and governance, will be presented for shareholder approval at the upcoming 13th Annual General Meeting.