ENCLOSED HEREWITH 45TH AGM OUTCOME & PROCEEDINGS OF THE COMPANY
Awaiting price reaction for this filing.
RRP Semiconductor Ltd held its 45th AGM on 24 September 2025 via video conferencing, lasting about 11 minutes. Shareholders passed all 6 resolutions on the agenda, including adoption of FY25 financial statements (which had no qualifications or adverse remarks from auditors), re-appointment of Mr. Ramesh Chandra Mishra as Director, appointment of Mr. Manas Ranjan Palo as a Director and as Managing Director for a 3-year term (1 July 2025 to 30 June 2028), and change in designation of Mrs. Sumita Mishra as Non-Executive Non-Independent Director. Amarendra Mohapatra & Associates was also appointed as Secretarial Auditor for a 5-year term until the 50th AGM in 2030. Only 10 out of 475 eligible shareholders attended the meeting, and e-voting results along with the scrutinizer's report will be filed with BSE by 26 September 2025.
Routine corporate housekeeping was completed smoothly with a new Managing Director installed, hinting at a possible leadership refresh. The very low shareholder attendance (just 10 of 475) suggests limited retail engagement, though this is common for small-cap virtual AGMs and not necessarily a red flag. Investors should watch the detailed voting results for any unusual dissent on the special resolutions.