To approve the reallocation of right issue proceeds and ratification of Deviation to the extent of partial utilisation of the issue of fully paid-up equity shares offered to the eligible ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Apollo Ingredients Limited (formerly Indsoya Limited) held its 01/2025-26 Extra Ordinary General Meeting on March 30, 2026, via video conferencing. The single item of special business was to approve the reallocation of proceeds from a previous rights issue of fully paid-up equity shares, along with ratification of the deviation caused by partial utilisation of those proceeds. No shareholders raised questions during the meeting. The results of the remote e-voting and e-voting during the EGM, along with the Scrutinizer's Report, will be filed with BSE within two working days.
The reallocation and ratification indicate that the company used rights issue funds in a manner different from the originally disclosed plan, which shareholders are now being asked to formally approve. This may raise mild governance concerns but is a routine post-issue compliance step once results are confirmed.