Disclosure of Voting Results and Scrutinizer Report
ALMONDZ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Almondz Global Securities Ltd held an Extra Ordinary General Meeting on May 11, 2026 through video conferencing. The meeting passed 1 Special Resolution to approve issuance of equity shares to promoters and promoter group members by conversion of existing Unsecured Loans on preferential basis. The resolution was passed with overwhelming majority - 99.9978% votes in favor out of 97.34 million valid votes cast. Only 2,123 votes (0.0022%) were against the resolution, all from Public-Non-Institutional shareholders. Promoters who are interested in this transaction participated and voted in favor. The scrutinizer from Ashu Gupta & Co. confirmed the voting process was conducted fairly and transparently through CDSL's e-voting platform.
This preferential allotment will result in dilution of existing shareholders' stake as new equity shares are issued to promoters by converting their unsecured loans. Promoter holding is expected to increase. The near-unanimous approval signals strong promoter confidence in the company's financial restructuring.