Rajoo Engineers Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
RAJOOENG · price
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Rajoo Engineers Limited concluded a postal ballot on June 1, 2025, with both special resolutions passed by overwhelming majority. Resolution 1 approved the appointment of CA Jinal Hasmukhbhai Rupani as a Non-Executive Independent Director for a 5-year term effective April 1, 2025, receiving 99.9992% of polled votes in favor (108.99 crore out of 108.99 crore polled shares). Resolution 2 approved changing Mr. Pratik Rajendrabhai Kothari's designation from Non-Executive Independent Director to Non-Executive Non-Independent Director effective April 24, 2025, with 99.9871% of polled votes in favor. Voting was conducted via NSDL's remote e-voting platform between May 3 and June 1, 2025, and scrutinized by CS Nirav D. Vekariya. Out of 49,030 shareholders on record date (April 30, 2025), about 66.5% of outstanding shares participated in voting.
The company is adding a chartered accountant as a new independent director, which strengthens financial oversight on the board. The re-designation of Mr. Kothari removes his independent status but retains him on the board; shareholders backed both changes with near-unanimous support, suggesting smooth governance transition with no meaningful opposition.