Outcome and proceeding of the 46th Annual General Meeting of the company held on 18th September, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Epuja Spiritech Ltd held its 46th Annual General Meeting on September 18, 2025 via video conferencing, chaired by Managing Director Chetan Merchant. The meeting ran from 4:10 PM to 4:35 PM. Six resolutions were transacted, including adoption of audited financial statements for FY ended March 31, 2025 and reappointment of Mr. Chetan Merchant as Director. Shareholders approved a new Employee Stock Option Scheme called ESOP 2025 as a special resolution, along with granting options equal to or more than 1% of issued capital to identified employees. A new Independent Director, Mr. Shailendra Omprakash Mishra, was also appointed. E-voting was conducted through CDSL between September 15-17, 2025, and results were to be declared within 48 hours. Independent Director Punam Arora was absent from the meeting.
Approval of the ESOP 2025 scheme signals potential future equity dilution for existing shareholders, though no options have been granted yet. Director reappointment ensures leadership continuity, while the addition of a new Independent Director adds to board oversight.