RSD Finance Limited held its Extraordinary General Meeting (EGM) on April 28, 2025, at the Alcor Hotel in Jamshedpur, Jharkhand, as scheduled. The meeting, which commenced at 11:00 AM, was led by Mr. Rajeev Singh Dugal, who was unanimously elected as the Chairperson. The meeting had a quorum, and the Chairman called the session to order.

The Chairman provided shareholders with a detailed briefing on the current status of the company's business, outlining the items to be discussed during the EGM. The Notice of the meeting, dated April 4, 2025, was taken as read with the consent of the shareholders present.

A key aspect of the meeting was the discussion on the reduction of shareholding in the company’s material subsidiary. Shareholders were informed about the ongoing process and the resolutions set forth in the EGM Notice.

In terms of voting, the company had provided remote e-voting facilities for shareholders, which were available from 9:00 AM on April 24, 2025, to 5:00 PM on April 27, 2025. This allowed shareholders to cast their votes on the resolutions before the EGM. For those who had not used the remote e-voting system, the company also made provisions for voting via physical ballot papers during the meeting.

The company further disclosed that Mr. Sital Prasad Swain, a Practicing Company Secretary, was appointed as the Scrutinizer to ensure the fair and transparent conduct of the voting process. His responsibility was to compile the results of the remote e-voting and physical ballot and submit a Scrutinizer's Report in accordance with the required timelines.

The resolutions discussed during the EGM primarily focused on the reduction of shareholding in the company's material subsidiary. Following the voting process, the results and Scrutinizer's report will be published on the company's official website and forwarded to the National Securities Depository Limited (NSDL) and the stock exchanges where the company's shares are listed.

The meeting concluded at 12:00 PM, with the Chairman delivering a vote of thanks to all present for their participation.

RSD Finance Limited has committed to providing further updates regarding the voting results and Scrutinizer's report once finalized, ensuring transparency and compliance with the necessary listing regulations. This information will be forwarded to the relevant stock exchanges and made accessible to the public.

This update is part of the ongoing efforts by RSD Finance Limited to maintain effective communication with its shareholders and the public regarding corporate governance and operational matters.

Note: This summary encapsulates the proceedings of the EGM and outlines the key actions taken. For full voting results and Scrutinizer’s Report, please refer to the company's website and official filings with the stock exchanges.

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