Proceedings of EGM held on December 12, 2025.
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Awaiting price reaction for this filing.
Dolphin Kitchen Utensils and Appliances Ltd held an Extra General Meeting on December 12, 2025, via video conferencing at 3:00 PM, which concluded at 3:11 PM. The only special business transacted was a Special Resolution regarding the disinvestment of 100% of the company's stake in Bhagat Marketing Private Limited (BMPL), its wholly owned subsidiary. The company stated that voting results under Regulation 44(3) of the SEBI Listing Regulations will be disclosed separately. The meeting was chaired by Nipun Anantlal Bhagat, Chairman and Managing Director.
This EGM signals a strategic decision by the company to fully exit its wholly owned subsidiary Bhagat Marketing Private Limited. Shareholders should watch for the detailed voting results and any further disclosures on the financial impact, deal value, and use of proceeds, which could affect the stock price once full details emerge.