Outcome of AGM
Awaiting price reaction for this filing.
Ratnakar Securities Limited held its 33rd Annual General Meeting on December 15, 2025, at 4:30 PM in physical mode. The meeting was chaired by Mr. Ajay Jayantilal Shah (Chairman & Managing Director), with Mr. Pinakin Shah (Resolution Professional and Chairman of the Monitoring Committee) and Mr. Kushal Shah (Whole-Time Director) addressing members on the company's post-insolvency status after the NCLT Ahmedabad approved the Resolution Plan on September 27, 2023. Ordinary business included adopting audited standalone and consolidated financial statements for FY ended March 31, 2025, and reappointing Mr. Ajay Shah as a director retiring by rotation. Special business included approving enhanced borrowing limits under Section 180(1)(c), creating charges on assets, approving inter-corporate loans and guarantees, and appointing a Secretarial Auditor. E-voting ran from December 12-14, 2025, and voting results along with the Scrutinizer's Report will be filed separately.
Routine AGM proceedings with standard business and governance resolutions; no major corporate action announced, but the company continues its revival path post-NCLT resolution plan approval. Investors should watch for the separately filed voting results to confirm passage of the borrowing limit and related-party resolutions.