43rd AGM proceedings — all 7 resolutions passed including related-party loan approvals

Board & Shareholder Meetings View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹6.32

prior close

₹6.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+1.3% vs market

Non Banking Financial Company (NBFC) peers, median of 212sector-0.5%+2.9% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 2.9 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+2.4+1.0+1.3-0.5+2.9

Next day

+1.4+0.8+0.7+0.1+1.3

+0.5-0.5+1.0-0.7+1.2

+0.3-0.5+0.9-0.4+0.7

-7.0+0.8-7.7-0.5-6.5

-5.2+0.5-5.8-0.7-4.6

-2.8-2.0-0.9-2.2-0.7

15d

-6.5-6.4-0.1-3.5-3.0

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 212Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Econo Trade held its 43rd AGM on Sep 29, 2026 via video conferencing from 1:00 to 1:45 PM. All 7 resolutions passed. Ordinary business: adopted FY26 audited financial statements with no audit qualifications, and appointed Mr Abbas Mustufa Rupawala as non-executive non-independent director. Special business: approved related-party loan facilities for FY27 to Econo Broking (Rs 25 Cr), Sai Metaltech LLP (Rs 20 Cr), Econo Trading and Investment (Rs 25 Cr), Robert Resources (Rs 20 Cr), and Tradedeal Enterprises (Rs 20 Cr), totaling up to Rs 110 Cr.

Likely market impact

Up to Rs 110 Cr in related-party loan approvals for FY27 signals large intra-group fund movement. Clean audit is a positive signal for shareholders.