Euro Asia Exports Limited on their Extra Ordinary General Meeting held today has regularised the Directors appointed on the Board in different categories.
Awaiting price reaction for this filing.
Euro Asia Exports Limited held an Extra Ordinary General Meeting on 5 May 5, 2025, via video conferencing, where 25 members attended. Shareholders approved the appointment of Mr. Rajendra Kamalakant Chodankar as Managing Director and Mr. Raunaq Rajendra Chodankar as Whole Time Director. Three Independent Directors (Mr. Amit Kirti Nagda, Mr. Piyush Garg, Ms. Riddhita Ramnaresh Agrawal) and one Non-Executive Non-Independent Director (Mr. Venkateswara Gowtama Mannava) were regularised. The company also approved changing its name to RRP Defense Limited, altering its object clause, and shifting its registered office from Delhi to Maharashtra. Voting results will be filed separately. The changes suggest a strategic pivot from exports to the defense sector.
The name change to RRP Defense Limited and object clause alteration signal a major business reorientation into the defense sector, which could reshape the company's growth trajectory. Entry of Raunaq Rajendra Chodankar as Whole Time Director (sharing the MD's surname) indicates next-generation family involvement in the new business direction.