Scrutinizer's Report for 80th AGM: All 16 Resolutions Passed with 99.99% Approval
EASTSILK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Eastern Silk Industries held its 80th AGM on September 26, 2026 via video conference. All 16 resolutions were passed with roughly 99.99% of votes in favor, out of 45,99,931 valid votes. Key items included adoption of FY26 financial statements, reappointment of director Ramesh Chandragiri Reddappa, appointment of Vyas and Vyas as new statutory auditors replacing B K Shroff and Co who resigned, conversion of loan into equity per an NCLT approved resolution plan, raising the NRI and OCI investment limit from 10% to 24%, and approval of material related party transactions including with Bauman Dekor Private Limited.
Loan-to-equity conversion under the NCLT plan will dilute existing shareholders. Multiple related party transactions with promoter-linked entities approved by non-promoter voters.