NOTICE IS HEREBY GIVEN THAT THE 44TH ANNUAL GENERAL MEETING OF RRP DEFENSE LIMITED (FORMERLY KNOWN AS EURO ASIA EXPORTS LIMITED) WILL BE HELD ON MONDAY 29th SEPTEMBER, 2025 AT 12:00 P.M. ....
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RRP Defense Ltd will hold its 44th AGM on Monday, 29th September 2025 at 12:00 PM via video conferencing. Key business includes adopting audited FY25 (ended March 31, 2025) financial statements, re-appointing Mr. Venkateswara Gowtama Mannava as a director (retiring by rotation), and ratifying/appointing M/s TDK & Company as the new statutory auditor for five years to fill a casual vacancy caused by the previous auditor's resignation. M/s Amit Saxena & Associates is proposed as secretarial auditor for five years (FY26–FY30). Two special resolutions seek to raise the company's borrowing limit under Section 180(1)(c) to INR 1,000 crore and raise the Section 186 threshold for loans, guarantees, and investments to INR 300 crore. Members will also note a chartered accountant's certificate confirming the company's recent name change from Euro Asia Exports Limited to RRP Defense Limited.
The proposed jump in borrowing capacity to INR 1,000 crore and investment/loan ceiling to INR 300 crore signals potential fundraising or expansion plans, which could mean future dilution or higher debt for shareholders. The auditor change due to a casual vacancy and the rebranding to a defense-focused name are noteworthy governance and strategic shifts that investors should track closely.