Proceedings/ Outcome of the 44th Annual General Meeting held on Monday, 29th September, 2025 pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
RRP Defense Ltd held its 44th AGM on 29th September 2025 via video conferencing, with 18 members attending. The meeting was chaired by Managing Director Rajendra Kamalakant Chodankar, while Director Raunaq Rajendra Chodankar was absent. Ordinary business included adoption of audited FY25 financial statements, re-appointment of director Venkateswara Gowtama Mannava, and ratification of TDK & Company as statutory auditors. Special business included appointing Amit Saxena & Associates as secretarial auditors for five years, increasing borrowing powers under Section 180(1)(c) up to ₹1,000 crore, and raising the threshold for loans, guarantees and investments under Section 186. Voting results and the scrutiniser's report will be filed separately.
Voting outcomes are pending and will determine whether the proposed borrowing expansion to ₹1,000 crore and higher Section 186 investment/loan limits are approved — these are potentially significant changes that could expand the company's debt capacity and investment activity. Shareholders should watch for the forthcoming voting results to confirm approval.