ENCLOSED HEREWITH AGM OUTCOME & PROCEEDINGS OF THE COMPANY
Awaiting price reaction for this filing.
RRP Semiconductor Ltd held its 45th AGM on 24th September 2025 via video conferencing, starting at 2:00 PM and concluding in just 11 minutes at 2:11 PM. Out of 475 total shareholders as of the 17th September 2025 cut-off date, only 10 attended, and there were no speaker shareholders. All six resolutions were passed, including adoption of FY2024-25 audited financial statements (with no auditor qualifications or adverse remarks), re-appointment of Mr. Ramesh Chandra Mishra as Director, appointment of Mr. Manas Ranjan Palo as Managing Director for a 3-year term (1 July 2025 to 30 June 2028), change in designation of Mrs. Sumita Mishra as Non-Executive Non-Independent Director, and appointment of M/s. Amarendra Mohapatra & Associates as Secretarial Auditor for five years through the 50th AGM in 2030. The voting results and scrutinizer's report are to be filed with BSE by 26th September 2025.
This was a routine AGM with all resolutions approved, signalling smooth governance continuity with no contentious issues. The appointment of a new Managing Director marks a notable leadership change worth monitoring, while the very short meeting duration and low shareholder turnout may suggest limited retail engagement.