Disclosure of Voting Results of the Extra Ordinary General Meeting Held On November 20, 2025.
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Candour Techtex held an Extra-ordinary General Meeting on November 20, 2025 via video conferencing, where all three resolutions were approved by shareholders with 100% votes in favour. Resolution 1 (Ordinary) approved an increase in the company's authorised share capital. Resolution 2 (Special) approved the preferential issuance of equity shares to specific investors. Resolution 3 (Special) approved the preferential issuance of convertible warrants to investors. Out of 18,756,738 total outstanding shares, only 1,913,232 shares (10.20%) were voted, indicating low shareholder participation. Voting was carried out through remote e-voting (Nov 17-19) and e-voting at the EGM, scrutinised by SPKG & Co LLP.
Shareholders have green-lit a capital expansion plan that includes issuing new equity shares and convertible warrants to select investors, which may lead to dilution of existing shareholders' stakes. The very low voter turnout (10.20%) means the approval reflects a small slice of the shareholder base, so outcomes could shift if more investors engage in future votes.