The Outcome of the 6th Meeting of the Board of Directors of F MEC INTERNATIONAL FINANCIAL SERVICES LIMITED as per the Agenda is attached herewith.
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F Mec International Financial Services Ltd held its 6th Board Meeting of FY 2025-26 on 13 October 2025, from 3:30 PM to 5:45 PM at its registered office in New Delhi. The Board approved a proposed change in the company's name and the related alteration of the Memorandum of Association, subject to RBI approval. Three major proposals were deferred for further deliberation: an increase in authorized share capital, a rights issue of equity shares, and the appointment of Ms. Pallavi Shukla as an Additional Independent Director. The Board also took note of the resignation of Independent Director Ms. Renuka Chouhan (DIN: 09547785). No other matters were discussed at the meeting.
Shareholders should note that the name change (pending RBI nod) hints at a possible business reorientation, while deferral of the capital raise and rights issue means no immediate fundraising or dilution. The exit of an Independent Director temporarily reduces board strength, though a replacement appointment is still under consideration.