Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the voting results of the business transacted ....
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Rajasthan Gases Limited held its Annual General Meeting on 26th September 2025, where all 11 resolutions were passed with overwhelming shareholder approval (approximately 99.99% in favour, with only 61-75 shares voted against each resolution). Out of 8,779 total shareholders, only 60 voted, with 7,30,75,123 shares (100% of outstanding) being polled. Key resolutions included adoption of FY2025 audited financial statements, re-appointment of Managing Director Nikhilesh Khandelwal (DIN: 06945684), appointment of statutory auditors, change of company name, alteration of main object clause of the MOA, increase in borrowing limits up to Rs. 500 crore under Section 180(1)(c), increase in loan/investment limits up to Rs. 500 crore under Section 186, appointment of secretarial auditor, and adoption of new MOA and AOA as per Companies Act 2013.
The approval to change the company name and alter main objects clause signals a potential strategic pivot or rebranding, while the Rs. 500 crore hike in borrowing and investment limits gives management significant flexibility for future expansion or acquisitions. Despite the technical compliance of the AGM, shareholder participation is extremely low with only 60 folios voting out of 8,779, suggesting limited retail engagement with this small-cap stock.