Announced Tue, 31 Mar · 17:39 IST

Scrutinizer''s Report

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹36.47
prior close
₹38.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.5-0.5+0.1+10.2+15.7+21.4+27.5+27.6+33.9+39.9+36.1+38.6+60.4
Up moveDown movePending
AI summary

H.M. Electro Mech Limited held an Extra Ordinary General Meeting on 30 March 2026 (12:30 PM – 12:39 PM) where two resolutions were passed. Resolution 1, a Special Resolution to add to the Object Clause of the Memorandum of Association, was passed unanimously with 100% votes in favour (1,01,08,000 shares); promoter group did not have any interest in this resolution. Resolution 2, an Ordinary Resolution to approve a material related party transaction with Nitin Patel & Co. (a partnership firm), was also passed unanimously with 100% votes in favour (1,18,400 shares); promoters were excluded from voting on this as they are interested parties. The company is listed on BSE SME (BSE EMERGE), so e-voting was not applicable, and voting was conducted through poll papers at the EGM venue.

Likely market impact

The amendment to the Object Clause gives the company wider operational flexibility for future business activities, while the approved related party transaction with Nitin Patel & Co. is now formally cleared — shareholders should monitor the terms and disclosures of such RPTs going forward. No negative votes were recorded on either resolution, indicating smooth shareholder approval.