AGM results: all 8 resolutions passed, borrowing limit raised to Rs 1500 crore
RATNAVEER · price
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On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and in line with its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ratnaveer Precision's 24th AGM on Sept 26, 2026 saw 42.83% poll participation. All 8 resolutions passed. Highlights: FY26 audited financials adopted, Vijay Sanghavi reappointed (99.98%), Pankaj R Shah reappointed as statutory auditor for second 5-year term (99.99%), borrowing limit raised from Rs 900 crore to Rs 1500 crore (99.99%), and Seema Sanghavi appointed as whole-time director (99.76%).
Routine AGM items approved with strong majority. Borrowing cap raised to Rs 1500 crore hints at expansion. Seema Sanghavi joins as whole-time director.