We are hereby submitting summary proceedings of the EGM held today on 21st June, 2025
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Rotographics (India) Limited held an Extra-Ordinary General Meeting on June 21, 2025, via video conferencing, which concluded in just 10 minutes. Two special business items were passed with the requisite majority by shareholders. The first was the ratification of a previously approved resolution for the preferential allotment of up to 95.5 lakh equity shares to proposed promoter and non-promoter entities. The second item was the alteration of the Object Clause of the company's Memorandum of Association. A total of 33 members attended, and remote e-voting was open from June 18 to June 20, 2025. Mr. Gaurav Kumar, Whole-Time Director, chaired the meeting.
The preferential allotment of up to 95.5 lakh shares to promoters and non-promoters could lead to dilution of existing shareholders' stake. The alteration of the Object Clause signals a possible shift or expansion in business activities, which investors should watch closely for further updates on the company's strategic direction.