Company has intimated regarding the report of scuritinizer on e-voting of Postal Ballot notice dated October 03, 2025.
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Rapid Investments Limited conducted a Postal Ballot through electronic voting from October 6 to November 4, 2025, seeking shareholder approval for the appointment of M/s. NNK & Co., Chartered Accountants (FRN: 143291W) as the new Statutory Auditor. This appointment fills the casual vacancy caused by the resignation of the previous auditor, M/s. Valawat & Associates. The resolution was passed with overwhelming majority — 9 members holding 14,69,931 shares (100% of valid votes cast) voted in favour, while only 1 member with 1 share voted against. The scrutinizer confirmed that the e-voting process was conducted fairly and transparently in accordance with the Companies Act, 2013 and SEBI LODR Regulations.
The company has officially appointed NNK & Co. as its new statutory auditor, replacing the resigned Valawat & Associates. For shareholders, this means continuity of audit oversight with a new firm; the near-unanimous approval suggests no shareholder concern regarding the auditor change.