Proceedings of Extra Ordinary General Meeting held on 30th May, 2026.
RATNAVEER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The 1st EGM of Ratnaveer Precision Engineering Ltd for FY 2026-27 was held on 30th May, 2026 via video conferencing, starting at 12:00 noon and concluding at 12:34 p.m. IST. The meeting was attended by 58 members representing 55,507 shareholders holding 6,79,95,235 shares as of the cut-off date (23rd May, 2026). Two special resolutions were put to electronic vote: (1) increase in authorised share capital with consequent amendment to the Memorandum of Association, and (2) appointment of Mrs. Seema Vijay Sanghavi as Executive Director liable to retire by rotation. All board directors including Managing Director Vijay Sanghavi and all independent directors were present. The voting results will be submitted separately within the prescribed timeline.
The increase in authorised share capital suggests the company may be planning capital raising activities or expansion. The appointment of Mrs. Seema Vijay Sanghavi (spouse of Managing Director) as Executive Director strengthens the management team but will require shareholder approval, which appears to have been sought through this EGM.