Outcome of the 1st Extra Ordinary General Meeting held on 28.04.2025
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K&R Rail Engineering Limited held its 1st EGM on April 28, 2025 via video conferencing from 11:30 AM to 11:56 AM, with 49 members attending. Two special resolutions were passed: (1) Appointment of Mrs. Rahmath Unnisa as Independent Director, which received 420 votes in favour (92.31%) and 35 votes against (7.69%); and (2) Re-appointment of Mr. Amit Bansal as Whole Time Director, which was passed unanimously with 455 votes (100%) in favour. Total shares outstanding stood at 2,85,09,644, but voting participation was extremely low with only 455 votes polled (0.0016% of outstanding shares), as neither promoter group nor institutional shareholders cast any votes. The voting was carried out through remote e-voting and insta-poll, supervised by scrutinizer Aakanksha Sachin Dubey. Members expressed appreciation for the company's performance during the meeting.
Both resolutions were approved, with Mrs. Rahmath Unnisa joining as Independent Director and Mr. Amit Bansal continuing as Whole Time Director. The extremely low voter turnout (0.0016%) means these results reflect only public retail shareholders' views, but with near-unanimous support, there is no governance concern for retail investors. Shareholders should note the unusually thin participation, which is common in smaller BSE-listed companies but worth tracking in future meetings.