Euro Asia Exports Limited in their Extra Ordinary General Meeting held today has approved Alteration of Object Clause of Memorandum of Association of the Company
Awaiting price reaction for this filing.
Euro Asia Exports Limited held an Extra Ordinary General Meeting on May 5, 2025, via video conferencing, where 25 members attended. Shareholders approved nine special business items, including the appointment of Rajendra Kamalakant Chodankar as Managing Director and Raunaq Rajendra Chodankar as Whole Time Director. The meeting also approved regularization of four additional directors (three independent and one non-executive non-independent). Most notably, members approved changing the company's name from Euro Asia Exports Limited to RRP Defense Limited, altering the object clause of the Memorandum of Association, and shifting the registered office from NCT of Delhi to the state of Maharashtra. Voting results and the scrutinizer's report will be filed separately with the exchange.
This signals a major strategic pivot — the name change to RRP Defense Limited and the alteration of the object clause suggest the company is repositioning itself in the defense sector, while the shift of registered office from Delhi to Maharashtra may indicate operational relocation. Shareholders should watch for the detailed voting results and any further disclosures about the new defense-focused business plans.