Members of the Company has approved the revision in term of loan agreements with various entities by way of Postal Ballot through remote e-voting.
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Raconteur Global Resources Ltd (formerly Ganesh Films India Ltd) informed BSE that shareholders approved four key items via postal ballot (results declared June 17, 2025). Mr. Yogesh Singh Rana was appointed as Director and Whole Time Director for a 3-year term (May 15, 2025 to May 14, 2028). The company's main object clause was expanded significantly from just mining to include bio-mining, IT hardware/software, real estate and infrastructure, defence and surveillance equipment, and renewable energy businesses (solar, wind, hydro, EVs, smart grids). Additionally, shareholders approved revisions to the terms of loan agreements with various entities, though specific details were not disclosed.
The expanded MOA signals a major pivot into IT, real estate, defence, and renewable energy sectors — a significant diversification away from the company's traditional mining focus. The new WTD brings 20 years of industry experience. The loan term revisions could indicate debt restructuring or refinancing, but details remain undisclosed, so investors should watch for further clarification.