EGM clears preferential warrants to promoters, AOA changes, debt-to-equity conversion

Hariom Pipe Industries held an EGM on June 16, 2026 via video conferencing, with 55 members participating. Three special resolutions were put to vote: (1) issue of warrants convertible into equity shares to persons belonging to the promoter category on a preferential basis, (2) alteration of the Articles of Association, and (3) enabling conversion of debt into equity or other capital in the event of default by the Company. Voting results and the scrutinizer's consolidated report are awaited and will be submitted to the exchanges shortly.