Rashi Peripherals Ltd. Shareholders Approve Increased Borrowing Limits and Asset Charges
Rashi Peripherals Limited announced the results of a postal ballot conducted via remote e-voting, wherein shareholders approved two key business items. The first resolution, a special resolution, pert...
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Why is Rashi Peripherals Limited in the news today?
Rashi Peripherals Limited (RPTECH) is in the news due to the resolutions passed with a requisite majority, indicating shareholder approval for increased borrowing capacity and asset charge creation, which are generally positive for business expansion and financial flexibility.
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Rashi Peripherals Ltd. Shareholders Approve Increased Borrowing Limits and Asset Charges
December 29, 2025, 01:10 PM
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Rashi Peripherals Limited announced the results of a postal ballot conducted via remote e-voting, wherein shareholders approved two key business items. The first resolution, a special resolution, pertained to the enhancement of the Board of Directors' borrowing limits under Section 180(1)(c) of the Companies Act, 2013.
The second special resolution authorized the Board of Directors under Section 180(1)(a) of the Companies Act, 2013, for the creation of charges on the company's present and future assets concerning borrowings.
The e-voting period commenced on November 28, 2025, and concluded on December 27, 2025. According to the consolidated Scrutinizer's Report dated December 29, 2025, both resolutions were passed with the requisite majority. The resolutions are deemed to have been passed on December 27, 2025. The company has placed the details of the voting results and the Scrutinizer's Report on its website.
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