Enclosed herewith summary of proceedings of the 01/ 2025-26 Extra Ordinary General Meeting ('EGM') of the Members of Golden Legand Leasing and Finance Limited ('the Company'), held today ....
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Golden Legand Leasing & Finance Ltd held its 01/2025-26 Extra Ordinary General Meeting on March 10, 2026, via video conferencing from 4:30 PM to 4:41 PM IST, lasting about 11 minutes. The meeting was chaired by Managing Director Ms. Divya Singh Kushwaha, with all directors and the CEO present, except the Company Secretary. One Special Resolution was put to members for approval: the Issue of Convertible Share Warrants on a Preferential Basis. Remote e-voting was conducted from March 6 to March 9, 2026, and voting results are scheduled to be announced on or before March 12, 2026.
The preferential issue of convertible warrants, if approved, could lead to equity dilution for existing shareholders upon future conversion and may signal the company's intent to raise capital from specific investors. Investors should watch for the voting result announcement by March 12, 2026, as the outcome will determine the next steps.