Dhani Services Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 23, 2025
Awaiting price reaction for this filing.
Dhani Services Limited held its 30th AGM on September 23, 2025 via video conferencing, running from 11:30 AM to 11:58 AM, chaired by Executive Chairman Mr. Gurbans Singh. The Chairman informed members that the auditors have given a qualified opinion on the consolidated financials for FY 2024-25, with management's response already provided in the Board's Report. A major update was the NCLT's approval of the Company's Scheme of Arrangement via order dated August 29, 2025 (certified copy received on September 20, 2025), under which the company will venture into real estate development in NCR, Gurugram, and Mumbai, and shareholders of Dhani Services will receive shares of Yaari as per a share swap ratio once the scheme takes effect. E-voting was conducted between September 17-22, 2025, with results to be declared on or before September 25, 2025.
This is a procedural filing, but it confirms a significant business pivot into real estate and a share-swap arrangement with Yaari, which could materially reshape the company's operations and shareholder structure. Investors should watch for the e-voting results and further details on the share swap ratio and scheme effective date.