This is to inform all the Stakeholders that Board of Directors in their meeting held today has approved and dispatched Notice of Extra Ordinary General Meeting to be held on 5th May 2025 ....
Awaiting price reaction for this filing.
Euro Asia Exports Limited (now to be renamed RRP Defense Limited) has called an EGM on 5th May 2025 at 12:30 PM via video conferencing, with a cut-off date of 25th April 2025 for e-voting eligibility. The meeting will consider nine resolutions, including the regularization/appointment of five directors — Mr. Rajendra Kamalakant Chodankar as Managing Director, Mr. Raunaq Rajendra Chodankar as Whole-Time Director, and three Independent Directors. Major corporate restructuring proposals include changing the company name to 'RRP Defense Limited', altering the main object clause to shift into defense and drone technology (including thermal imaging, night vision devices, software development, and all types of drones/UAVs), and shifting the registered office from NCT of Delhi to Maharashtra. The company is also seeking shareholder approval for consequential amendments to the Memorandum and Articles of Association.
Shareholders will vote on a fundamental pivot of the company — from exports to defense/drone technology — along with a name change, registered office shift, and key board appointments for 5-year terms. If approved, this represents a strategic re-positioning of the business into a high-growth sector, which could materially affect the company's valuation and investor outlook.