Scrutinizer''s Report along with evoting Results of the EGM held today i.e. 25th September, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Swastik Safe Deposit and Investments Limited (BSE Scrip Code: 501386) held its 2nd Extraordinary General Meeting of 2025 on 25th September 2025. Two special resolutions were transacted and both passed with 100% approval. Resolution 1 seeks to change the name of the company along with consequential amendments to the Memorandum and Articles of Association. Resolution 2 approves the adoption of a new Object Clause in the MOA, which likely signals a shift or expansion in the company's permitted business activities. Out of 71 eligible members, 10 cast votes via remote e-voting, representing 2,03,610 votes (84.83% of the 2,40,000 total shares). Promoters holding 1,78,535 shares voted entirely in favour, and public non-institutional holders (25,075 of 61,465 shares) also voted 100% in favour. There were zero votes against either resolution.
The name change and new object clause point to a likely business repositioning or entry into new lines of activity, which could reshape the company's future direction. Shareholders should watch for the fresh name and revised MOA to be formally registered with the ROC, after which the stock will trade under the new identity.