Please find attached herewith proceedings of the EGM of the Company held today i.e. 25th September, 2025
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The Swastik Safe Deposit and Investments Limited (BSE Scrip: 501386) held its 2nd Extraordinary General Meeting of 2025 on 25 September 2025 in Mumbai. Two special resolutions were passed with unanimous (100%) approval: (1) Change of Name of the Company along with consequential alteration of the Memorandum and Articles of Association, and (2) Adoption of a New Object Clause in the Memorandum of Association. Out of 71 members on record date, 10 members voted, representing 2,03,610 shares or 84.83% of total share capital, with zero votes against either resolution. The promoter group (1,78,535 shares) and public non-institutional shareholders (25,075 shares) both voted entirely in favour.
The unanimous approval for a name change and new object clause signals a likely strategic pivot or rebranding of the company, possibly aligned with the BSE-listed entity 'E & E Enterprises Ltd' referenced in the filing header. Shareholders should watch for the formal new name announcement and updated business objects, which could materially change the company's direction and valuation thesis.