INVPRECQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Investment & Precision Castings Ltd held an Extra Ordinary General Meeting on June 13, 2025, where shareholders approved two resolutions with 100% votes in favor. The first resolution was for the issue of bonus shares, with 24,56,141 votes cast in favor and none against. The second resolution was the appointment of Mr. Akshay Shah (DIN: 00367382) as an Independent Director, with 24,56,061 votes in favor and none against. Voting was conducted through remote e-voting (June 10-12, 2025) and poll at the EGM, scrutinized by Mr. Devesh Mehta, Practicing Company Secretary. Both resolutions were passed with the requisite majority.
Shareholders have formally approved the bonus issue, which will increase the total share count and adjust share price accordingly — eligible shareholders will receive additional free shares. Additionally, the board gains a new independent director, strengthening corporate governance.