EGM Results: All 4 Resolutions Passed with 100% Approval
AERONEU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 2.1 pts less than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Aeroflex Neu (formerly Sah Polymers) held EGM on Oct 22, 2026 with 6,004 shareholders on record. All 4 resolutions passed with 100% approval and zero dissent. These include: (1) Special resolution to alter the object clause of the Memorandum of Association, (2) Special resolution to modify the use of proceeds from the preferential issue of warrants, (3) Ordinary resolution for material related party transaction with Aeroflex Enterprises Ltd, and (4) Ordinary resolution for material related party transaction with Aeroflex Finance Pvt Ltd. Promoters abstained from voting on the two related party resolutions.
Gives company flexibility to alter business objectives and use warrant issue proceeds differently, plus clears related party deals. May signal expansion or restructuring.