Intimation of Voting Results & Scrutinizer''s Report pursuant to SEBI (LODR) Regulations, 2015 and Companies Act, 2013 in reference to EGM dated 16th July, 2025.
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Healthy Life Agritec Ltd held an Extra-Ordinary General Meeting on 16th July 2025, where shareholders voted on one ordinary resolution to increase the company's Authorised Share Capital and amend the Capital Clause (Clause V) of the Memorandum of Association. A total of 32,34,895 votes were polled, representing about 13.04% of the total outstanding shares of 2,48,12,000. Both promoters and public non-institutional shareholders voted unanimously in favour, with 100% approval and zero votes against. The resolution was declared passed, and the Scrutinizer (Sumit Bajaj & Associates) confirmed the results in their report dated 17th July 2025.
While the resolution passed with full support, the low voting turnout (~13%) means a small fraction of the shareholder base formally approved it. Increasing authorised share capital is a preparatory step that gives the company flexibility to issue new shares in the future, which could lead to dilution for existing shareholders if and when fresh equity is actually issued.