Please find enclosed the Notice of 1st Extra Ordinary General Meeting of the Company scheduled to be held on Friday, 2nd May 2025 through video conferencing/ other audio-visual means (VC/OAVM).
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Raconteur Global Resources Ltd has called its 1st EGM of FY 2025-26 for Friday, 2nd May 2025 at 12:00 noon via video conferencing. The meeting has 8 items, including the appointment of three new directors — Mr. Surinder Kumar Kalra, Ms. Hina, and Mr. Shah Adnan Khan — and their simultaneous appointment as Whole-Time Directors for 3-year terms with effect from their original dates of joining (January/March 2025). The company also seeks approval to alter its Memorandum of Association by adding new business objects covering IT, software, AI, and real estate/infrastructure development, marking a significant pivot away from its original films/media identity. The final item seeks approval to revise loan agreements with various entities, which may include converting those loans into equity shares. Remote e-voting runs from 29th April to 1st May 2025, with 25th April 2025 as the cut-off date.
This EGM signals a major strategic shift for shareholders — new management, expansion into IT and real estate businesses, and potential equity dilution if loans are converted to shares. The stock is a small-cap (BSE scrip 541703) and these resolutions could materially change the company's risk profile and shareholding pattern, warranting close attention from investors.