Please find attached the Scrutinizers Report of the 01/2025-26 Extra Ordinary General Meeting of the Company held on March 10, 2026.
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Golden Legand Leasing & Finance Ltd held its first EGM of FY 2025-26 on March 10, 2026, through video conferencing. The sole special resolution on the agenda was the Issue of Convertible Share Warrants on a Preferential Basis. Out of 1,48,70,000 total outstanding shares, 18,52,553 valid votes (12.46%) were polled, with 100% voting in favor and none against. The promoter group did not participate in the voting. The resolution was declared passed with the requisite majority. The scrutinizer was CS Hemant Maheshwari of H. Maheshwari & Associates, and the e-voting was facilitated by CDSL.
The preferential issue of convertible warrants has been formally approved by shareholders, paving the way for the company to raise capital. With 100% approval from participating public non-institutional shareholders, there is no visible dissent, though low overall turnout (12.46%) and promoter non-participation mean existing public shareholders will bear the dilution impact. Shareholders should watch for further announcements on warrant pricing, conversion terms, and allotment.