Consolidated Scrutinizer Report for Voting Results of EGM held on 26.02.2026 of Active Clothing Co Limited
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Awaiting price reaction for this filing.
Active Clothing Co Ltd held an Extra Ordinary General Meeting (EGM) on 26 February 2026 at its Mohali registered office. The EGM considered a Special Resolution to issue warrants convertible into equity shares to proposed allottees on a preferential basis. Remote e-voting was conducted from 23 to 25 February 2026, with the cut-off date set as 18 February 2026. A total of 7,99,336 valid votes were cast by 11 members, and all votes (100%) were in favour of the resolution, with zero votes against. The scrutinizer, CS Poonam Sethi of Sethi Poonam & Associates, confirmed the resolution was passed with the requisite majority.
The unanimous approval paves the way for the company to issue convertible warrants on a preferential basis, which could lead to equity dilution for existing shareholders once the warrants are converted. Shareholders should watch for further disclosures on the identities of proposed allottees and the issue price.