Rushabh Precision Bearings Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on March 02, 2026
Awaiting price reaction for this filing.
Rushabh Precision Bearings Limited has called an Extraordinary General Meeting (EGM) on Monday, March 2, 2026 at 11:30 AM, to be held physically in Fort, Mumbai. The EGM is being convened at shorter notice, requiring 95% written or electronic consent from members. The agenda has two items: seeking shareholder approval to regularize Ms. Namrata Sharma (DIN: 10204473) and Mr. Robert Jonathan Moses (DIN: 07134423) as Non-Executive Independent Directors, both of whom were appointed as Additional Directors by the Board on December 3, 2025 for a 5-year term. Ms. Sharma is a Company Secretary and legal/compliance professional holding 7 other directorships, while Mr. Moses has over 30 years of leadership experience and pioneered India's first deep-sea fishing project. The cut-off date for voting eligibility is February 27, 2026, and voting will be by ballot paper as e-voting is unavailable.
This is a routine board regularization event with no direct financial or strategic impact on shareholders. Approval of both resolutions is largely procedural since these directors were already appointed by the Board and now need shareholder ratification. The shorter notice and ballot-based voting reflect the company's post-CIRP transition, where new equity shares were issued under the 2023 resolution plan and the shareholding records are still being updated with depositories.