Rulka Electricals approves capital increase and preferential allotment

Rulka Electricals Limited secured shareholder approval to increase its authorised share capital and issue equity instruments through preferential allotment at its Extraordinary General Meeting (EGM) held on June 06, 2026. The meeting, conducted via video conferencing, saw the passage of three resolutions with 100% of the votes cast in favour, enabling the company to raise capital and expand its equity base. The outcomes allow for the issuance of up to 77,40,904 fully convertible equity warrants and 6,50,000 equity shares, providing the company with flexibility for future funding requirements.

Voting Results and Scrutiny

The e-voting process, managed by the NSDL platform, was open from June 03 to June 05, 2026. A total of 20 shareholders participated via remote e-voting, representing 29,66,820 shares, while no votes were cast during the video conferencing session. The scrutinizer, CS Ashwin Shah, verified the process and confirmed the validity of the votes. The table below details the voting participation across different categories.

Category	Shares Held	Votes Polled	% of Votes Polled on Outstanding Shares
Promoter and Promoter Group	29,47,520	29,47,520	100.0000
Public - Non Institutions	13,10,880	19,300	1.4723
Total	42,58,400	29,66,820	69.6698

Resolutions Passed

Shareholders approved an ordinary resolution to increase the authorised share capital of the company. Additionally, two special resolutions were passed to approve the preferential issuance of equity instruments. Notably, the promoter group, which holds a majority of the shares, did not vote on the special resolutions concerning the issuance of warrants and equity shares, as they were deemed interested parties. Consequently, the approval for these resolutions was driven entirely by public shareholders.

Key Approvals

Increase in Authorised Share Capital: Approved via ordinary resolution with 29,66,820 votes in favour.
Issuance of Warrants: Approval to issue up to 77,40,904 fully convertible equity warrants on a preferential basis. This special resolution received 19,300 votes in favour from public shareholders.
Issuance of Equity Shares: Approval to issue up to 6,50,000 equity shares on a preferential basis. This special resolution received 29,66,820 votes in favour.

The scrutinizer's report confirmed that there were no invalid votes and that all resolutions met the required statutory thresholds for approval. The record date for determining eligibility was May 30, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-6.81%	-9.10%	-15.52%	-17.86%	-33.07%	-81.88%

Promoter group members of rulka electricals have confirmed that no equity shares held by them were encumbered or pledged as on March 31, 2026. The disclosures were submitted to the National Stock Exchange of India Limited on April 07, 2026, in compliance with regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Rupesh Laxman Kasavkar, holding 1,473,360 equity shares, declared that no new encumbrances were made during the financial year other than those previously disclosed. Nitin Indrakumar Aher, holding 1,473,360 equity shares, provided a similar confirmation. This was echoed by other Persons Acting in Concert (PAC) within the promoter group, including Mrs. Preeti Nitin Aher, who holds 800 equity shares.

Shareholding Details

The filings detail the shareholding and encumbrance status of the promoter group members for the financial year ended March 31, 2026.

Shareholder	Equity Shares Held	Encumbered Shares
Rupesh Laxman Kasavkar	1,473,360	Nil
Nitin Indrakumar Aher	1,473,360	Nil
Mrs. Preeti Nitin Aher	800	Nil
Rupesh Laxman Kasavkar HUF	0	Nil
Nitin Indrakumar Aher HUF	0	Nil
Mrs. Sharmila Rupesh Kasavkar	0	Nil
Arnav Rupesh Kasavkar	0	Nil
Tanmay Nitin Aher	0	Nil
Ashwini Indrakumar Aher	0	Nil
Dhanashree Ganesh Baviskar	0	Nil
Indrakumar Jairam Aher	0	Nil
Sachin Indrakumar Aher	0	Nil
Shweta Suresh Deore	0	Nil
Suresh Baburao Deore	0	Nil
Usha Suresh Deore	0	Nil
Kashiram Sakharam Joshi	0	Nil
Latika Laxman Kasavkar	0	Nil
Rupali Laxman Walawalkar	0	Nil
Sagar Kashiram Joshi	0	Nil
Sugandha Kashiram Joshi	0	Nil
Umesh Laxman Kasavkar	0	Nil

Regulatory Compliance

The confirmations were formally addressed to the National Stock Exchange of India Limited. Each shareholder stated that they had not made any encumbrance on equity shares directly or indirectly, other than those already disclosed during the financial year. The submissions were signed and dated April 07, 2026, from Mumbai.