Proceeding of Extra Ordinary General Meeting held on 02nd January 2026 at 12:00 pm through VC/OAVM.
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Brijlaxmi Leasing & Finance held its Extra Ordinary General Meeting on 2nd January 2026 via video conferencing, attended by 36 members. All three resolutions on the agenda were passed as Special Resolutions. These included approval of a loan agreement between the company and its promoters (Jaykishor, Siddharth, and Ankur Chaturvedi) along with promoter group entity Brijlaxmi Infotech Limited. Shareholders also approved the issue of equity shares on a preferential basis to the promoters and promoter group by converting unsecured loans into equity, as well as a preferential share issue for cash to non-promoter public category investors. The meeting, chaired by Managing Director Siddharth Chaturvedi, concluded at 12:30 PM after a Q&A session and vote of thanks.
The EGM clears the way for the company to convert promoter-related unsecured loans into equity and raise additional capital from public investors on a preferential basis, which may lead to equity dilution for existing shareholders while strengthening the company's capital base and formalizing promoter funding.