The Company in its AGM held today has approved appointment of the following: 1. M/s TDK & Co., as Statutory Auditor for a term of 5 years. 2. M/s Amit Saxena & Associates, as Secretarial ....
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RRP Defense Ltd (formerly Euro Asia Exports Ltd) held its 44th AGM on 29 September 2025 via video conferencing. Shareholders approved the audited financial statements for FY25 and the reappointment of Mr. Venkateswara Gowtama Mannava, who retires by rotation. M/s TDK & Company was appointed as Statutory Auditor and M/s Amit Saxena & Associates as Secretarial Auditor, both for a five-year term. The company also received shareholder approval to raise its borrowing limit to up to INR 1,000 crore under Section 180(1)(C) and to increase the threshold for loans, guarantees and investments under Section 186 of the Companies Act. All directors attended except Mr. Raunaq Rajendra Chodankar, and 18 members were present.
The increase in borrowing powers to INR 1,000 crore signals potential future fundraising or expansion plans, which could lead to higher debt but also growth opportunities. Routine auditor appointments and director reappointment suggest stable governance with no major leadership changes.