Voting result as required Under Regulation 44(3) of SEBI (LODR) Regulation, 2015 and Scrutinizer Report.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Emerald Leisures Limited held an Extra Ordinary General Meeting on 10th November 2025 through video conferencing. The single special resolution on the agenda was to approve the issue of warrants convertible into equity shares on a preferential basis to promoters/promoter group and non-promoters for cash consideration. Out of 2,900 shareholders, only 60 participated in voting, with a total of 2,082,382 votes polled (13.87% of outstanding shares of 15,018,600). The resolution was passed with overwhelming support: 2,082,303 votes (99.996%) in favour and only 79 votes (0.004%) against. Notably, the promoter group (holding 11,077,956 shares) did not cast any vote despite being interested in the resolution.
The approval paves the way for Emerald Leisures to issue convertible warrants to promoters and non-promoters, which will dilute existing shareholders once converted. The low public participation (around 14% of shares voted) means the resolution passed largely on non-promoter votes, though promoter support is implied since they are the proposed allottees.