Outcome of the Extra-Ordinary General Meeting held on today attached herewith.
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Gujarat Hy-Spin Ltd held an Extra-Ordinary General Meeting on 11 October 2025 at its registered office in Gondal, Gujarat, chaired by Whole-time Director Shri Maganlal Parvadiya. The meeting concluded at 11:30 a.m. with the required quorum present. Two items of business were considered: (1) an Ordinary Resolution to alter the Authorised Share Capital and amend the Capital Clause of the Memorandum of Association, and (2) a Special Resolution to approve the issue of equity shares on a preferential basis to non-promoters for cash consideration. Voting was conducted via poll ballot, with M/s. Monika V Tyagi & Associates appointed as scrutinizer. Detailed voting results will be filed separately with BSE under Regulation 44.
Shareholders should watch for the forthcoming voting results, as the preferential equity issue to non-promoters could lead to dilution of existing shareholdings. The authorised capital increase is a preparatory step that enables this fundraising, which may have implications for the stock price and ownership structure on the SME platform.